Greenstone Properties hired Chris Schoen as a co-principal of the company to work with real estate veteran De Little.

Freddie Mac reported new record low rates were set for 30- and 15-year fixed mortgage rates in the week ending September 29.

A commerical real estate loan backed by 254 limited service hotel properties that priced in March 2008 has been transfered to special servicing.

The recent weakness in the credit markets means European CMBS issuance isn't likely to pick up significantly anytime soon, according to Standard & Poor's report.

Citigroup's Agency and Trust Services business, has been named indenture trustee on the $150MM Embarcadero Reinsurance Ltd. catastrophe bond transaction with the California Earthquake Authority (CEA) as ceding insurer.

Jefferson Bancshares Inc. of Morristown, Tenn., restated its last quarter as a loss after its take on bad investments and loans worsened.

The Federal Trade Commission is investigating several residential servicing shops for abusive practices – including inaccurate payment records and charging excessive fees -- according to FTC associate director Joel Winston.

Applications for new mortgages jumped 9.3% for the week ending September 23, a sign that ultra low rates are finally spurring new business activity.

With the fate of Fannie Mae and Freddie Mac up in the air, credit unions should pool their resources to create an alternative entity that can handle securitization and other functions currently fulfilled by the two government-sponsored entities.

Consumer Portfolio Services (CPS) priced its second rated term securitization in 2011. The transaction is CPS's third senior subordinate securitization since 1993.

The Rhode Island Student Loan Authority is marketing a new student loan ABS. The deal offers offer $18 million of 2011 series A bonds and remarkets $15 million of 2088 series B-5 bonds.

The second edition of Mortgage-Backed Securities: Products, Structuring, and Analytical Techniques was recently released by John Wiley & Sons.