Secondary markets

The securitization, COMM 2013-300P Mortgage Trust, consists of three classes of notes assigned preliminary AAA ratings by Fitch Ratings.

PennyMac Mortgage Investment Trust filed information on the pricing of an underwritten public offering of 11.3 million common shares in a move it said may help fund its correspondent lending business.

Even though rates on the 30-year fixed-rate mortgage declined during the survey week, so did loan application volume as the Mortgage Bankers Association reported a 4.7% decline on a seasonally adjusted basis for the week ended Aug. 9.

FeatherStone Investment Group hired Kevin Blaser to take charge of the securitizations of the company’s REO-to-rental portfolio.

We're hearing while some think adjustable-rate mortgages have been making a comeback, there are some differences in opinions.

The Fort Wayne, Ind.-based lender is getting its secondary market approvals to sell direct to the agencies.

Fitch expects to assign its top investment grade rating to two classes of the more than $400 million transaction.

Another wave of pre-crisis private-label residential mortgage-backed securities is coming to the end of the line with substantial losses, according to a Standard & Poor’s.

While a lot of the president's remarks seem like warmed-up leftovers to those who follow the industry, there were a couple of interesting things a little farther down the prompter.

The comeback of commercial real estate lending is gaining momentum, especially credits backed by apartments and leased properties.

Freddie Mac provided $13.5 billion in financing for the multifamily market during the first half of this year, but it plans to cut back in the second half.

The two executives in their motion seek to demonstrate that “the SEC’s remaining claims have no basis in fact."

Approximately, 64% of the bonds are expected to recover 50%-100% of their current outstanding balance, while 24% are expected to have a 0% recovery rate.

JPMorgan Chase more than doubled its 2013 issuance forecast for collateralized loan obligations in Europe to as much as 10 billion euros.

Gleacher & Co. has hired Blackstone Advisory Partners as advisors to consider potential mergers, acquisitions or other business combinations.

Radian Group said its unit guaranteeing home loans may need additional capital if U.S.-backed housing finance companies tighten their demands.

Interactive Mortgage Advisors as an exclusive broker for an unnamed seller is offering another package of bulk Fannie Mae mortgage servicing rights.

The Federal Housing Finance Agency has released a request for input on placing limits on multifamily loan terms, income levels and loan amounts.

It is not easy to be an agency mortgage investor, particularly not with uncertainty about the longevity of Fed intervention and government-sponsored enterprise reform pending.

The deal has a $325 million original balance that is backed by fee-simple and leasehold interest in a mall located in McLean, Va.