Capital markets

The pass-through deal consists of beneficial interests in a three-year loan, floating-rate loan that has two one-year extension options, according to Fitch. Five mall properties cross-collateralize the mortgage.

The Senate Banking Committee is making progress toward drafting legislation to overhaul the mortgage finance market, but one of the biggest unresolved issues is how much skin in the game private market participants must have in return for a government guarantee.

Commitments to buy new mortgages unexpectedly increased in October.

The individual performance of mortgage-related companies in this publication’s equity index ranged from a gain of about 2% to a loss of less than 1% in value on the day.

Regulatory pressure is expected to be as strong as ever next year when mortgage lenders and servicers will test new waters in compliance implementation, process improvements and business strategies. Market veterans find regulatory compliance risks are higher almost in every area of the business.

Yearend performance of securitized commercial mortgage loans is not yet showing significant improvement.

Refinancings comprise less than 60% of loan volume in October.

The individual performance of mortgage-related companies in this publication’s equity index ranged from a gain of about 5% to a loss of about 1% in value on the day.

Mel Watt, set to become director of the Federal Housing Finance Agency, is making both agency and non-agency MBS investors nervous.

The GSE regulator shies away from making changes with Congress poised to confirm a new Fannie, Freddie overseer.

New approach provides better assurances that insurers will pay claims on seasoned loans.

Contrary to historic trends, third-party mortgage loans originated after the crisis years are performing almost as well as retail originated loans.

The individual performance of mortgage-related companies in this publication’s equity index ranged from a gain of about 3% to a loss of about 2% in value on the day.

The biggest state concentration in the multibillion dollar bulk mortgage servicing rights package represents less than 10% of the portfolio.

The securitization will be backed by income from a portion of the Scottsdale, Ariz.-based firm’s portfolio of single-family rental homes.

The agency is working on a plan to modernize MBS programs.

JPMorgan Chase’s $13 billion mortgage-backed securities settlement reinforces the industry’s need to keep tabs on originations, even if reform is supposed to end this kind of problem.

Western States dominate the low-coupon Fannie Mae mortgage-servicing rights package.

The Federal Reserve vice chair is getting closer to being in the driver’s seat on Fed issues that affect home loan trading, including how mortgage bonds factor into liquidity coverage ratios.

The notes are backed by servicer advance and servicing fee advance receivables, and similar to a previous August deal.