Securitization

JPMorgan and Barclays plan to securitize 44 commercial mortgage loans that total $836.5 million. The loans are secured by 91 properties.

The Internal Revenue Service recently closed two audits of bonds issued in Colorado with no change to the bonds' tax-exempt statuses.

Freddie Mac priced its first Structured Agency Credit Risk transaction of the year. The Series 2015-DN1 was upsized to $880 million from $775 million originally.

Regulatory attention is supposed to be laser-focused on servicers right now, especially when it comes to how consistent they are in applying workouts. So regulators should be looking closely at whether loans have forbearance.

Joining the hunt for higher-yielding niche loans, the asset management unit of NewOak Capital has quietly launched a private fund to acquire nonqualified residential mortgages.

Societe Generale is entering the U.S. commercial mortgage-backed securities market and has hired a team of more than 10 people from Royal Bank of Scotland Group for the effort.

Arch Capital Group is repurposing a subsidiary to insure mortgages that are headed for private securitizations. Insuring such loans separately from the unit that works with Fannie and Freddie lets Arch offer more favorable terms to lenders.

The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don't call it subprime.

With conservatorship of Fannie Mae and Freddie Mac well into its seventh year, the government has now had control of the housing agencies longer than 47 members of the Senate have been office.

Progress Residential priced its second securitization of single-family rental properties.

Ocwen Financial Corp., one of the biggest U.S. mortgage servicers, rejected as "groundless" accusations by an investor group that the company’s practices created defaults on home-loan bonds backed by debt it oversees.

BlueMountain Capital Management is claiming that "misconduct" by Ocwen Financial Corp. triggered a default in securities issued by an affiliate of the mortgage servicer.

This isn't the kind of non-qualified mortgage securitization that investors have been clamoring for.

The pension fund sector owns hundreds of billions of dollars of mortgage securities. But MBS holdings are such a small percentage of their portfolios, pensions may not be aware of their heft in the industry.

Yields on government-backed mortgage securities that guide U.S. home-loan rates widened to the most relative to Treasuries in almost three months as refinancing soars amid lower borrowing costs.

Standard & Poor's is close to an agreement to pay $1.4 billion to settle claims by the Justice Department and states attorneys general that it inflated subprime mortgage-bond ratings before the financial crisis, according to two people with knowledge of the talks.

Standard & Poor’s agreed to a one-year suspension from rating certain commercial mortgage bonds and $80 million in fines to settle charges with the Securities and Exchange Commission and the New York and Massachusetts Attorneys Generals offices.

Canyon Partners is paring its bullish investments in the mortgage-bond market after the hedge fund made about $7 billion in the past decade capitalizing on opportunities leading up to and following the financial crisis.

Justin Wheeler, who was named CEO last week of Berkadia Commercial, the commercial-mortgage business owned by Berkshire Hathaway and Leucadia National, said global investors are increasingly betting on U.S. property.

Standard & Poor's will be suspended for a year from rating bonds in one of its most lucrative businesses in a $60 million settlement with the U.S. Securities and Exchange Commission.