Secondary

Executives from equity real estate investment trust American Realty Capital Properties rang the closing bell at the National Association of Securities Dealer Automated Quotation system’s headquarters, signaling the closing of the trading day on March 1, 2013.

The GSE regulator has tasked Fannie Mae and Freddie Mac with building a new securitization platform that could one day serve as a public utility for the issuance of MBS.

MFA Financial, a real estate investment trust, will delay its 2012 annual report filing.

Last year Union First completed two separate share repurchases, retiring 970,000 shares, or about 3.5% of the total outstanding.

New Penn Financial has lowered pricing and expanded guidelines on a jumbo portfolio product offered through both third-party and direct-loan channels.

The Federal Home Loan Bank of Dallas and Los Alamos National Bank have awarded an Affordable Housing Program grant to YES Housing Inc.

Mortgage-backed securities in Russian rubles hit a new high in issuance last year.

Risk-retention rules were designed to encourage more responsible underwriting and to better align the interests of securitization sponsors and investors.

The American Securitization Forum fell into turmoil last week when most of the board resigned in a dispute with the group’s executive director over governance and bonuses.

Home prices across Canada are overvalued by approximately 20% in real terms on an estimated basis.