Securitization

As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.

RMBS 3.0 investors are turning their attention to service performance in new transactions, following years of difficulties in the mortgage servicing sector, according to Fitch Ratings.

Nomura Holdings Inc. and Royal Bank of Scotland Group should pay $806 million in damages to government-owned mortgage companies over misleading securities pitches, a federal housing agency told a judge.

Other regional Federal Home Loan Banks are lining up so their members can securitize FHA and VA loans through Chicago FHLB conduit.

Issuance of securities without government backing tied to homeowners with weak credit records or other imperfections has been frozen since 2008.

It's not clear how much capital European insurers will need to hold against their investments in U.S. securitizations or whether they can even invest in some of these deals at all.

The Federal Agricultural Mortgage Corp.'s net earnings rose in the first quarter to $13.3 million, more than seven times higher than its income of $1.8 million during the same period in 2014.

Nomura Holdings Inc. and Royal Bank of Scotland Group Plc engaged in "enormous" deception in selling defective mortgage-backed securities, a judge ruled following a trial over a trigger to the 2008 financial crisis.

The U.S. commercial-mortgage backed security delinquency rate fell again in April, fueled by strong new issuance, according to Fitch's latest index.

The commercial mortgage-backed security loan delinquency rate dropped slightly in April, according to analytics and technology firm Trepp.

Commercial and multifamily mortgage loan originations in the first quarter were up 49% year over year, according to the Mortgage Bankers Association.

The regulator of Freddie Mac and Fannie Mae plans to ease annual restrictions on their apartment mortgage business to prevent a lending slowdown.

Credit Suisse, Deutsche Bank and Wells Fargo are first are marketing nearly $4 billion in commercial mortgage-backed securities via three conduits slated to price the first week of May.

New York law gives investors who say they were duped into buying flawed mortgage bonds six years to sue. But does the clock start ticking on the day the bonds were packaged or after problems with the loans came to light?

Tricon Capital Group, the latest entrant in the single-family rental securitization market, offers investors greater exposure to two unusual types of collateral: Section 8 homes and condominiums.

A Wall Street financial instrument that amplified losses during the U.S. property-bubble collapse is seeing a revival.

The Federal Housing Finance Agency's warning that so called super-priority liens on houses do not come before Freddie Mac's bodes well for investors in the mortgage giant's latest risk-sharing transaction, according to Moody's Investors Service.

Credit Suisse is marketing its third RMBS deal this year called CSMC 2015-3.

Judging by the help-wanted notice that Loretta Lynch posted last year, the freshly confirmed U.S. Attorney General intends to pick up where her predecessor left off and make lenders pay for their role in the subprime crisis.

Freddie Mac's latest sale of risk-sharing bonds, its biggest yet, was structured in a way that will help reduce the earnings volatility that's added to concerns that the mortgage giant may again need to tap taxpayer funds.