The powerful storm surge produced by Hurricane Sandy has added momentum to the federal governments efforts to farm out a portion of the risk now borne by the National Flood Insurance Program (NFIP), and their appears to be a strong appetite in the private market.
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Single-family rental property, one of the most talked-about new asset classes in structured finance, appears to be undergoing a reassessment.
May 1 -
Late payments on loans backing U.S. commercial mortgage bonds declined in April for the eleventh straight month, although at a slower pace, according to Trepp.
May 1 -
The $175 million OnDeck Asset Securitization Trust LLC Series 2014-1 is the issuer's first-ever securitization.
April 30 -
The Federal Reserve Board on Wednesday neared the halfway mark of unwinding its unprecedented bond buying program, reducing its purchases to $45 billion.
April 30 -
The clean payment behavior of borrowers has led to "paltry" delinquency rate in the Fannie Mae and Freddie Mac securitizations.
April 30
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Property data company CoreLogic has hired Michael Ceppetelli as a senior vice president.
April 30 -
Lone Star Funds plans to issue $281 million of commercial mortgage bonds backed by 211 mortgage loans secured by mostly multifamily properties, according to a presale report published by DBRS.
April 30 -
Three commercial mortgage securitizations totaling $3.5 billion priced this week, ending a lull in issuance that began at the end of March.
April 30 -
S&P has rated $260 million of class A notes offered under the capital structure A+. The $17.5 million class B notes are rated BBB. The LTV on all the series is 70%.
April 29 -
Freddie Mac is marketing $1.2 billion of structured pass-through certificates that are backed by fixed-rate multifamily mortgages with a seven-year term.
April 29 -
Residential mortgage bonds backed by qualified mortgages, as well as non-qualified mortgages, are no doubt on the drawing board if not in the works, as issuers run out of earlier loans to securitize; however experts diverge on the composition of the first deals.
April 29 -
The $780 million deal, Ford Credit Owner Trust 2014-REV1, will be placed with qualified institutional investors via the Rule 144A market.
April 29





