Securitization

Morgan Stanley is readying a deal backed by 57 commercial mortgages.

Freddie Mac is prepping its next risk-sharing deal, according to presales from Fitch Ratings and Kroll Bond Ratings.

There's been concern this year that commercial mortgage bonds are getting backed by loans that are increasingly risky.

The reform law's Qualified Mortgage and risk-retention rules have restricted access to credit, sowing demand for niche products offered by nonbank lenders.

Freddie Mac priced another residential mortgage securitization that includes a mix of guaranteed and nonguaranteed notes.

Commercial mortgage underwriting standards have already loosened dramatically this year, but it seems that some borrowers are still trying to get away with a little more.

Fannie Mae has transferred the credit risk on a $12 billion pool of mortgages to reinsurers.