Securitization

Commercial-mortgaged-backed, auto-loan and other securitizations use what is known as the swaps curve to price floating-rate deals. But pricing volatility is causing some to ask whether the market should go back to Treasuries after a 15-year hiatus.

Commercial mortgages bundled into securities will keep seeing their underwriting standards deteriorate from this year into 2016, said JPMorgan analysts in a report Wednesday.

Pacific Investment Management Co. sued Citigroup Inc. over the bank's role as trustee for $13.8 billion of mortgage-backed securities made toxic when the housing bubble burst, leading to "substantial damages."

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.

The congressman thinks there could be an opportunity to push covered bond legislation through now that a standoff over the debt ceiling has been resolved.

Joshua Banschick, a mortgage bond trader at JPMorgan Chase & Co., has returned to work nearly a year after the bank placed him on leave amid government probes into that market.

Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.

Cherry Hill Mortgage Investment Corp. posted a third-quarter loss due mainly to a hit on unrealized derivatives income.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single-family rental securitization.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Redwood Trust's fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Shares of real estate investment trusts fell the most since August after an upbeat reading on U.S. jobs increased the odds the Federal Reserve will raise interest rates this year.

Jumbo loan securitizer Redwood Trust Inc. posted a sharp decline in profits in the third quarter driven by negative noninterest income.

Former Rabobank trader Anthony Allen, found guilty for rigging a key financial benchmark, struck jurors in Manhattan as evasive, deceptive and "shaky," as one of them put it after delivering the verdict.