Secondary

While year-to-year volume is flat, thousands of mortgages have been made on Native homelands in recent years, compared to dozens twenty years ago.

Mortgage-related shares tracked by this publication suffered declines that ranged from almost negligible amounts far less than 1%, to a loss of roughly 4% in value on the day.

The rapid increase in originations may be the problem. New-issue commercial mortgage-backed securities could total $87 billion in 2013, up 81% from 2012's $48 billion.

The purchases in the fifth transaction this year created out of prime-jumbo U.S. home loans represent a switch from REITs’ typical strategy of acquiring just the highest-yielding slices in such deals.

Will American oligarchs reap billions in stock profits by investing in non-governmental housing agencies?

The product is available in 10 states on conforming, owner-occupied loans with a maximum $300,000 purchase price, a 5% downpayment and a minimum 750 Fair Isaac & Co. credit score.

Rising interest rates next year will heighten both the term risk of new deals and the refinance risk of outstanding commercial mortgage-backed securities, but Moody’s ratings could remain stable.

The individual performance of the mortgage-related companies ranged from an increase of more than 1% to a loss of more than 3% in value on the day.

Lenders need to boost their consumer education spending and watch out for “advertorial” content, according to the feds.

The pass-through deal consists of beneficial interests in a three-year loan, floating-rate loan that has two one-year extension options, according to Fitch. Five mall properties cross-collateralize the mortgage.