Securitization

Life insurance companies reported a higher return on their private commercial mortgage investments in the first quarter, compared to the fourth quarter.

Ocwen Financial Corp. has priced $225 million of asset-backed notes being offered as part of a debt refinancing.

If you want to know what a Greek exit from the euro would do to the €16.64 billion ($18.54 billion) of bonds out there backed by Greek assets, start with Argentina.

Velocity Commercial Capital, better known for lending on distressed commercial property, is behind the latest securitization of single-family rental properties, according to Kroll Bond Rating Agency.

Wells Fargo Bank is marketing $914 million of commercial mortgage bonds, according to a presale report released by Kroll Bond Rating Agency.

Access National in Reston, Va., said Chairman James "Ted" Jadlos resigned to focus on a mortgage-related business.

Varde Partners has closed a $500 million fund that will invest in real estate securities, the firm announced this week.

Ginnie Mae's issuance of mortgage-backed securities exceeded Fannie Mae's issuance in May for the first time since the late 1980s.

The deal, called New Residential Mortgage Loan Trust 2015-1, is the company’s first of the year; it completed three last year.

Barclays is ending trading in $700 billion of U.S. mortgage bonds that were issued before the financial crisis.

Deutsche Bank priced most tranches issued from its $1 billion commercial mortgage securitization wider than the last conduit issued, according to a regulatory filing.

Commercial and multifamily mortgage debt increased in the first quarter compared to the previous quarter, as mortgage originations remained strong, according to the Mortgage Bankers Association.

New regulations for credit rating agencies that took effect this week are expected to make mortgage and other asset-backed securities more transparent by requiring broader disclosure of certain due diligence reports.

Almost seven years after the financial crisis, bond investors are rediscovering their appetite for new debt tied to the housing market.

Freddie Mac is planning its fifth risk-sharing transaction of the year.

California Gov. Jerry Brown violated state law by diverting more than $331 million in mortgage settlement funds for uses unrelated to housing, a Superior Court judge ruled.

Radian Group in Philadelphia began a sale of $300 million in senior notes.

Community West Bancshares in Goleta, Calif., said that a litigation settlement concerning its sale of residential-mortgage loans will reduce its second-quarter profit.

Transactions involving residential mortgage-backed securities should include a manager to improve accountability, Fitch Ratings has recommended.

Life insurers increased their rate of investment in mortgages in 2014, according to a Fitch Ratings report.