Secondary markets

Moody’s Investor Service is considering changing the way it rates covered bonds to take into account the additional support they would receive in the event of a bank failure.

PennyMac’s first jumbo mortgage-backed securities deal in its planned form does not have a master servicer, unlike previous deals in the space.

A study of the investment portfolio of 34 life insurance groups by Fitch Ratings found they have made a modest allocation shift into less liquid assets, including commercial mortgage loans.

It was not the best day for most stocks in this publication’s Mortgage Industry Equity Composite.

Citigroup and Goldman Sachs priced an offering of $989.54 million of commercial mortgage-backed securities.

PennyMac is putting its first jumbo mortgage-backed securities deal in the pipeline, a deal roughly $550 million in size.

The Federal Reserve decision not to taper its bond purchases at this time will be good for mortgage volume in the short term.

Carrington Property Network has accelerated its expansion by adding 15 of the top producing residential real estate brokerage firms to its exclusive group over the last three months.

Institutional investors who have been acquiring single-family properties and converting them into rental units have been flocking to many of the same cities, but there are still markets where the competition for these types of assets remains low.

The country's largest trade group is challenging possible plans by the Federal Housing Finance Agency to arbitrarily lower the conforming loan limit in an attempt to bring private capital back to the mortgage market.

The governor of Maine has lifted a two-year moratorium on the sale of mortgage revenue bonds.

The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more signs of lasting improvement in the economy.

Pacific Trust Bank has completed its first series of transactions as an approved issuer of Ginnie Mae mortgage-backed securities.

Hilton Worldwide’s mega-commercial mortgage-backed securitization weighs in at $3.5 billion, making it the largest CMBS since the credit crisis.

NorthStar Healthcare Income has purchased the portion of an $11.25 million loan secured by a senior health care facility located in California.

For the first time ever, the GSEs are creating formal programs to flag defective loans and assess risks in lenders' mortgage processes.

MountainView Servicing Group is marketing two mortgage servicing rights portfolios from unrelated, unidentified sellers, with a combined total unpaid principal balance of about $2.1 billion.

Lowe’s has donated $2 million to Rebuilding Together in order to help the organization complete critical home repairs for low-income families nationwide.

Wells Fargo and RBS priced the $930.8 million commercial mortgage-backed security known as WFRBS 2013-C16.

An order from the U.S. District Court for the Northern District of California filed Monday formally dismissed the suit in line with comments made by the adjudicating judge at a hearing late last week.