Mortgages

Prime borrowers whose loans are making up the small number of private mortgage-backed securities pools issued since the start of 2010 are prepaying at rapid rates.

A $390 million large-loan commercial mortgage backed securities deal backed by a property on New York’s Fifth Avenue is coming to market with preliminary ratings from Kroll.

An affiliate of Oaktree Capital Management has acquired, in partnership with National Financial Realty, a 40-building office property portfolio for $240 million from First States Investors.

The Mortgage Bankers Association has no problem with the Federal Housing Administration’s decision to increase the downpayment requirements on FHA-insured jumbo loans.

A Federal Reserve Board governor expects the supply of existing homes on the market will remain tight for some time.

Commercial and multifamily debt outstanding increased nearly $30 billion during 2012, with a 4Q12 increase of nearly $22 billion, the Mortgage Bankers Association said.

MACK Cos. sold 93 single-family rental properties to American Residential Properties for more than $12 million.

The success of MGIC Investment Corp.’s recent equity and debt offerings has mitigated Standard & Poor’s concerns that the private mortgage insurer could be taken over by regulators.

Technology Credit Union has increased its lending limits on super jumbo loans up to $8 million on ARMs and $3 million on fixed-rate mortgages.

If the ranks of community banks are going to shrink, William Loving Jr., chief executive of Pendleton Community Bank, believes they will go down fighting.

Federal Reserve Gov. Elizabeth Duke said the improving housing market shows that the central bank’s $85 billion in monthly purchases are working to boost the economy.

Fitch Ratings said two potential reforms offer the most promise for bringing private capital back into the mortgage market.

After community members complained about the affects plywood and boarded-up windows have on property values and neighborhood blight, Howard Wedren wanted to do something to help these individuals.

We're hearing that everything may not be so rosy in the housing market.

There is one observer who is seeing people leaving larger organizations and returning to independent status.

The mortgage insurer loses only a penny on Friday.

The housing market is gaining momentum and house prices will be up 8% by the end of this year.

A Credit Suisse prepayment forecast suggests the slowdown in lower coupons last month will continue in March based on rate activity to date.

Sen. Ron Wyden is raising concerns about the business arrangements Lender Processing Services has with mortgage servicers and the billing practices of the default management vendor.