Private-label

Four more Federal Home Loan Banks have won regulatory approval to participate in a program that allows member institutions to sell jumbo mortgage loans through a conduit to Redwood Trust.

It was a small deal — about 220 U.S. home loans packaged into a $72 million bond offering — but it's looking like a post-crisis milestone.

New Residential Investment Corp., real estate investment trusts, residential mortgage bonds, mortgage servicing rights

Shellpoint Partners is preparing to issue its first private-label residential mortgage-backed security since walking away from its last deal in 2013.

United Guaranty Corp., the private mortgage insurance subsidiary of American International Group, has obtained reinsurance coverage on approximately $299 million of the book of business it wrote between 2009 and the first quarter of 2013.

Stark Enterprises, a commercial real estate developer in Cleveland, has formed a capital-markets division to provide equity and debt financing and related services.

Goldman Sachs Group Inc. increased its estimate for reasonably possible legal costs in excess of reserves by 55% to $5.9 billion.