Secondary

One company has assigned its highest expected investment grade rating to three classes of a single-asset commercial mortgage-backed securitization.

Effective immediately, Freddie Mac servicers can offer delinquent borrowers a streamlined loan modification that can provide payment relief more quickly and with less paperwork than a standard modification.

Fitch has released a presale report on GS Securities Trust 2013-GCJ12, a commercial mortgage-backed securities deal secured by interests in a loan pool almost $1.2 billion in size.

WCS Lending, Boca Raton, Fla., has revamped its wholesale lending channel, moving the majority of the staff to new offices in Concord, Calif., with updated policies, procedures and products in place.

Reflecting on the industry forecast offered by Mortgage Bankers Association economists Jay Brinkmann and Michael Fratantoni, three different images are coming to mind.

Redwood’s seventh 2013 Sequoia jumbo residential mortgage-backed securities transaction is in the pipeline.

AmeriSave Mortgage Corp. has launched a correspondent lending division.

A total of $14,100 was granted from Kirtland FCU and the FHLB-Dallas to replace worn carpeting throughout Joey Campbell’s Albuquerque home with hardwood floors in an effort to help him avoid tripping on seams.

New U.S. commercial mortgage-backed securities delinquencies in April were $747 million, a number that is notable because it marks the first drop below $1 billion since February 2009.

An investigative report on Ally Financial’s relationship with its bankrupt mortgage arm, Residential Capital, may affect settlement talks between the companies and creditors who blame Ally for $25 billion in potential claims.