Capital markets

Funds managed by Blackstone's private equity group will acquire a majority stake in the corporate parent of Stearns Lending for an undisclosed amount.

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by reperforming mortgages

Securitizations that involve commercial mortgages are increasingly dropping loans from their pools before the final transactions close, according to Fitch Ratings.

Moody's said it has acquired BlackBox Logic, a Denver-based residential mortgage-backed securities data technology company, for an undisclosed amount of cash.

Mortgage lenders said their per-loan profits declined 19% in the third quarter compared with the previous quarter, according to the Mortgage Bankers Association.

Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

Seven years after the housing bubble collapsed, Wall Street's appetite for riskier mortgages is returning.

Fannie Mae just took out a potential chunk of private label CMBS supply. The government-sponsored enterprise said it's helping fund Blackstone's purchase of Stuyvesant Town.

More consumers expressed worries about the housing market, as prospects for higher income remained suppressed, Fannie Mae said.