Securitization

Fitch Ratings has updated its new loan level due diligence residential mortgage-backed securities grading methodology to include compliance grading related to the TILA-RESPA integrated disclosure rules.

Nationstar Mortgage is issuing its fifth securitization of nonperforming reverse mortgages, a unique esoteric RMBS class the mortgage servicer has engaged in four previous transactions.

Fitch Ratings will now conduct reviews of residential mortgage-backed securities deal agents as part of its RMBS master criteria, with Clayton Holdings as the first deal agent to receive an assessment.

Ten banks have invested a total of $25 million in the fund, which buys up mortgage-backed securities tied to loans made for the development or rehabilitation of affordable single- and multi-family homes.

Commercial real estate prices may fall as much as 5% in the next 12 months amid tightened regulations, a wall of debt maturities and property sales by publicly traded landlords, Pacific Investment Management Co. said in a report Monday.

So far, 2016 has brought legal battles, election woes and TRID-related headaches to the mortgage industry, among many other major issues.

There's been plenty of speculation about insurance companies crowding out commercial mortgage bond investors this year.

Caliber Home Loans is marketing a residential mortgage-backed securitization mainly backed by nonprime loans, called COLT 2016-1 Mortgage Loan Trust.

JPMorgan Chase's next residential mortgage securitization looks a lot like the six deals it completed in 2015: it is backed by jumbo loans to high-quality borrowers that the bank acquired from other originators.

MFA Financial has carved out an impressive niche for itself by buying reperforming and nonperforming residential mortgages and securities.

The delinquency rate on the loans included in commercial mortgage-backed securities increased for the third consecutive month in May after significant declines at the start of the year, according to Trepp.

The Federal Deposit Insurance Corp. has reached a $190 million settlement with eight large financial institutions over residential mortgage-backed securities claims as the receiver of five banks that failed during the crisis.

When the administration changes at the end of the year, the development of a single mortgage-backed security could suffer a setback, Mortgage Bankers Association CEO Dave Stevens said Wednesday.

MetLife Inc., the largest U.S. life insurer, is increasing bets on real estate as the company scales back investments in hedge funds.

JPMorgan Chase has received credit for $3.89 billion of consumer relief, plus it says it has provided an additional $113 million, putting the bank over the top on its obligation.

After a series of recommendations this year that didn't quite go as planned, Goldman Sachs has a new top trade idea.

Recent legislative proposals to make piecemeal changes to the government-sponsored enterprises could set broader GSE reform on the wrong path.

The due-diligence firms that vet loans before securitization are erring on the side of caution when assessing the risk to investors of liability from the new consumer mortgage disclosure rules.

The U.S. Securities and Exchange Commission is investigating whether Deutsche Bank AG inflated the value of securities in its mortgage-bond trading business and masked losses around 2013, according to people with knowledge of the matter.

The secondary marketing agency wants to model how servicers' available cash might stand up to shocks because interruptions to that liquidity have been a common problem among those that failed.