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A loan securitization launched by Mill City has the largest concentration of seasoned negative-amortization loans seen in a residential mortgage-backed securities deal since the financial crisis.
June 12 -
American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.
June 6 -
Two Harbors Investment Corp. is spinning out its commercial real estate lending business to a newly created real estate investment trust, Granite Point Mortgage Trust Inc.
May 24 -
PHH Corp.'s first-quarter net loss more than doubled as the troubled mortgage company dumps its origination unit and servicing rights and rebuilds as a subservicer.
May 10 -
U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street's biggest residential landlords used overvalued property assessments.
May 9 -
Incenter Mortgage Advisors is brokering an $898 million alt-A bulk servicing rights portfolio for an undisclosed bank.
April 21 -
Royal Bank of Canada is the latest Canadian firm to explore a sale of bonds backed by uninsured residential mortgages.
April 20 -
The real estate investment trust has become a regular issuer, relying on a strategy of exercising "clean-up calls" on older mortgage bonds that it services.
April 18 -
Fourteen institutional investors represented by the law firm Gibbs & Bruns are supporting the Lehman Brothers bankruptcy plan administrator's offer to settle certain securitized mortgage repurchase claims with securities' trustees.
April 3 -
PHH Corp. President and CEO Glen Messina will step down in June at the company's annual meeting.
March 30