Larry McDonald has joined Newedge's corporate credit sales desk as a senior director.
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Fannie Mae's recently priced $577 million multifamily DUS REMIC highlights moves the agency is making to court an agency CMBS investor base that appears to be broadening as activity has subsided somewhat in the CMBS conduit market.
October 18 -
Assured Guaranty has sued DLJ Mortgage Capital and Credit Suisse, claiming breach of contract over $1.8 billion of MBS it insured.
October 18 -
Interactive Mortgage Advisors (IMA), Denver, is auctioning off a $57 million portfolio of bulk servicing rights for an undisclosed seller.
October 18 -
UBS Commercial Mortgage Securitization Corp. has filed a form S-3 with the Securities and Exchange Commission (SEC) to issue a CMBS transaction, according to filing made yesterday
October 18 -
CitiMortgage and the Department of Housing and Urban Development's Office of Inspector General (OIG) are at loggerheads over the proper way to vet at-risk borrowers for the Federal Housing Administration's (FHA) short sales program.
October 18
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The Chicago city ordinance passed in August that requires securities trusts and servicers to pay for distressed property upkeep or face fines has caught on in other cities across the U.S., according to a client report put out by Dechert.
October 18 -
At the ABS East conference, organized by the Information Management Network, the message of ending the market’s over-reliance on ratings rang loud and clear.
October 18 -
There is a scarcity of investors at this year’s ABS East conference hosted by Information Management Network.
October 17 -
The stormy Miami weather at Information Management Network's ABS East conference on Monday was an apt metaphor for the problems facing the mortgage market.
October 17 -
Money managers are hoping pension funds and insurance companies will become big buyers of leveraged loans, picking up the slack from CLOs.
October 17 -
Loan servicer C-III Capital Partners has committed to put $10 million into commercial real estate services firm Grubb & Ellis Co. by investing in a line of credit issued earlier this year by Colony Capital.
October 17 -
Residential lenders issued $350.3 billion of Ginnie Mae MBS in fiscal year 2011, down 15% from the previous fiscal year, according to new figures released by the the agency.
October 17