Secondary

Kroll Bond Rating Agency has assigned preliminary ratings to a $1.34 billion CMBS conduit sponsored by JPMorgan and Barclays.

The Scottsdale, Ariz.-based landlord, which began buying foreclosed homes and converting them into rentals last year, had planned to raise as much as $260 million in an IPO this week.

One company sold a package of fixed-rate and agency-backed MBS. It then parked the proceeds into variable-rate mortgage securities.

Newcastle Investment Corp. has completed the sale of 100% of the assets in a collateralized debt obligation.

Inherent market risks are not stopping real estate owners from choosing to operate as niche real estate investment trusts, according to Fitch Ratings.

The senator expects work first on a standalone bill to fix the Federal Housing Administration before delving into broader Fannie Mae and Freddie Mac reform.

Two mortgage servicing rights portfolios are going up for bid, one a $1.7 billion Fannie Mae, Freddie Mac and Ginnie Mae portfolio, and one a $301 million Fannie Mae portfolio.

For the week ended May 31, overall application volume fell 11.5% from the prior week on a seasonally adjusted basis.

Conix Inc. has just completed a $42 million nonperforming loan securitization.

Federal Housing Administration officials tried to conceal an analysis showing FHA could face a $115 billion shortfall, a letter from a lawmaker shows.