Securitization

The amount of commercial and multifamily mortgage debt outstanding rose to a record high in the third quarter, according to the Mortgage Bankers Association.

HUD officials had taken a neutral position on whether FHA financing would be available for loans that were seized by cities and written down to their current appraised value.

Commercial mortgage-backed securities risk as measured by an index of underwriting and macroeconomic variables is up 11 points from 2013. That's still below its 2007 level, a researcher noted Thursday.

A bankruptcy court judge sunk investors' hopes in their latest lawsuit against Lehman Brothers, which they claim broke contracts in junk mortgage-backed securities sold during the bubble years.

New Residential Mortgage priced $504 million of bonds backed by a pool of mostly reperforming residential mortgages, according to Standard & Poor's.

For the first time, there is a subservicer, Cenlar FSB, handling the servicing function for more than $200 billion in mortgage loans.

State housing finance authorities will deleverage their bond programs, build equity and improve financial ratios, according to Fitch Ratings.

With some proposals still outstanding, mortgage bond market participants are concerned that eminent domain attempts would spread if a municipality makes inroads with a proposal.

Starwood Waypoint Priced its first securitization of single-family rental property, a $505 million deal backed by some of the oldest homes in this emerging asset class.

Investors should buy Assured Guaranty shares on the prospect that the bond insurer acquires a unit from mortgage guarantor Radian Group, analysts from Macquarie Group said.

Six years after a global financial crisis exacerbated by the lack of transparency in the market for U.S. mortgage debt, regulators are planning only a small step toward offering the public more information on trading.

In the nascent bond market where U.S. government-backed Fannie Mae and Freddie Mac have insured themselves against losses on $383 billion of home loans, strains are starting to emerge.

A controversial legal theory on discrimination threatens to disrupt consumer lending and poses a potential liability for anyone securitizing these loans.

From Biblical times to the present, fraud has been the key factor in all financial crises. But there is one financial instrument that, if used correctly, can bring equilibrium to fraud-impacted markets.

Kroll Bond Rating Agency has assigned preliminary ratings to six classes of Starwood Waypoint Residential Trust single-family pass-through certificates.

Starwood Waypoint Residential Trust plans to offer $505 million of debt tied to its rental properties in its first bond sale, according to a person with knowledge of the transaction.

Freddie Mac announced its first K-deal that includes a manufactured housing community loan.