The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.
-
The developer of the newly constructed Washington, D.C., headquarters for Fannie Mae is securitizing part of its $525 million, 10-year mortgage through a single-asset, mortgage-backed transaction.
October 10
-
Property assessed clean energy (PACE) securitization transactions are still feeling the chilling effects of tighter regulations meant to boost consumer protections, but Ygrene Energy Fund is still preparing to come to market with a sizable $312.7 million transaction.
October 9
-
Private-label securitizations haven’t commanded a meaningful share of the mortgage-backed market in a decade. Trump administration officials seem intent on changing that
October 8
-
The reforms will result in significant changes to the proprietary trading ban first proposed by former Federal Reserve Chairman Paul Volcker and mandated in the Dodd-Frank Act.
October 8
-
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.
October 8
-
TGP is marketing the $1.23 billion TRTX 2019-FL3 Issuer, Ltd. Transaction, which has an initial pool of 22 borrowers of interest-only bridge loans on properties undergoing rehabilitation or conversion.
October 8 -
The end of the qualified mortgage patch should further accelerate non-QM origination growth, but is the mortgage industry ready?
October 8
- LIBOR
Investors and issuers understand Libor’s end is a near certainty. But many remain unprepared to replace the benchmark
October 8
-
The Federal Housing Administration chief has already been serving as the acting deputy secretary of the Department of Housing and Urban Development.
October 8
-
BX Commercial Mortgage Trust 2019-XL, via Citigroup, features 11 note classes backed by a floating-rate, first-lien mortgage on 406 Blackstone-owned properties with a tenant roster of over 2,000 lessees — including Home Depot, UPS, FedEx and Amazon.
October 7
-
The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.
October 7
-
The $386.5 million Trinity Rail Leasing 2019 LLC 2019-2 will collateralize 13,426 railcars with an aggregate fair market value of $1.17 billion. The assets add to the more than 15,000 railcars that were contributed to Trinity’s two prior deals in the past year.
October 7
