Secondary markets

Walter Investment Management Corp. is looking for a $475 million incremental financing facility to pay the initial installments on the $93 billion Fannie Mae mortgage servicing rights portfolio it is buying from Bank of America.

Beech Street Capital closed an $11.3 million Fannie Mae conventional loan for the acquisition of the Carriage House and Coach House Apartments in the Boston area.

It’s becoming clear that investments based on the backlog of discount assets won’t last forever and investors need to be prepared for it.

Farmer Mac has priced a preferred stock offering which will raise $60 million in Tier 1 capital.

Carrington Mortgage Services plans to begin offering the Federal Housing Administration’s streamline 203(k) loans through its retail business as well as a brokered product.

As the winter months take hold in which home prices are known to plummet, the cold weather has so far not dampened prices.

Concerns are growing that Fannie Mae and Freddie Mac are rethinking their loan buyback policies in light of the qualified mortgage rule that the Consumer Financial Protection Bureau issued last week.

Billionaire Leonard Blavatnik accused JPMorgan Chase & Co. of losing 10% of the $1 billion he gave the bank to manage by making unauthorized investments in subprime mortgages.

Ginnie Mae mortgage-backed securities issuance edged down slightly in December after hitting a three-year high in November.

Fannie Mae has released its first round of monthly loan-level disclosure data for single-family mortgage backed securities as part of its broader LLD initiative.

The Consumer Financial Protection Bureau has finally issued the long-awaited qualified mortgage rule and it shows the new agency can be flexible and creative at times.

What’s old is new again on Wall Street as banks tap into soaring demand for commercial real estate debt by selling collateralized debt obligations, securities not seen since the last boom.

The transaction introduces EverBank as a significant contributor to the collateral pool.

As we approach 2013 it is safe to say that a New Mortgage Industry continues to emerge.

Origination News is seeking loan officer volume for 2012 for its annual top 150 producers list.

The Federal Home Loan Bank of Seattle announced the results of its recent board of directors elections.

Fannie Mae and Freddie Mac were sued for unpaid transfer taxes by a Maryland county.

The assets that collateralized loan obligations purchase are likely to become riskier as the lending cycle heats up.

Morgan Stanley and Bank or America priced a $1.23 billion commercial mortgage-backed securitization conduit, series 2013-C7 at strong levels.

Constance Moore, chief executive officer of apartment owner BRE Properties, remembers it was almost all men in the office when she started with the company after graduating from college in 1977.