Secondary

The two-year, floating rate, interest-only loan is collateralized by 51 hotels in 16 states.

Canadian mortgage bonds have attracted U.S. buyers in the past and the legal basis for these is stronger. But are home values there unsustainable?

Master servicers are consistently finding a “material” lack of current appraisals in delinquent commercial mortgage-backed securities loans.

Getting all of the financing pieces for affordable housing is difficult because nonprofit developers usually have to tap multiple sources of capital.

The government-sponsored enterprises are leaving billions on the table by not going after deadbeat borrowers who may have the wherewithal to make good on their mortgages but failed to do so.

California wants to kick-start the residential side of the state's Property Assessed Clean Energy program by setting up a $10 million reserve fund that would reimburse Fannie Mae and Freddie Mac for any losses incurred from PACE liens.

Credit Suisse Group AG was sued in New York over $359 million worth of residential mortgage-backed securities by an entity that manages distressed debt.

The Prestwick Mortgage Group is now offering a $252 million Fannie Mae A/A and FHLMC Gold Arc servicing portfolio on behalf of a federal savings bank.

Mortgage purchases by Freddie Mac fell 15% from July to $36 billion in August, the lowest level since December.

Fannie Mae, preparing its first sale of securities that would share the risks of homeowner defaults with bondholders, will offer better terms than in Freddie Mac’s initial deal.