Sprint’s planned merger with T-Mobile should reduce the likelihood of a default on $7 billion of notes backed by leases on its spectrum licenses, according to Moody’s Investors Service.

The overall delinquency rate for securitized U.S. commercial real estate loans is now 4.36%, a decrease of 19 basis points from the March level.

Ocwen Financial Corp. got back in the black during the first quarter after selling New Residential Investment Corp. $110 million in economic rights to mortgage servicing.

In its latest effort to reach first time home buyers, Freddie Mac is launching a new 3% down payment program that casts aside a number of restrictions in its existing low down payment offerings.

“We’re comforted by the fact our position in the market is so strong, and our ability to gain [loan] allocation is quite important," co-CEO Kewsong Lee says.

Banyan Street Capital and Balandis Real Estate are tapping the commercial mortgage bond market to help finance the revitalization of a mixed-use development in downtown Atlanta.

Qualifying borrowers have their maximum monthly payment reduced to 15% of the total of the household income, but the maximum dollar amount that can be extended is capped at $4 million.

If Freddie Mac's credit-risk transfer activities continue to grow, mortgage lenders could eventually see a reduction in the guarantee fees they pay to the government-sponsored enterprise, according to CEO Donald Layton.

Harley Marine Service has been expanding rapidly, racking up debt; a $455 million deal backed by its tugboat and barge fleet and contracts will lower funding costs.

The €300 million Taurus 2018-1 also finances Italian retail assets that the Partners Group, based in Switzerland, purchased from the Blackstone Group in February.

The former Kirkland & Ellis partner will remain in Chicago, where he has performed work for clients in automotive finance, technology, banking and marketplace lending.

The agency’s 2013 guidance is frequently portrayed as either an overdue push to stamp out lending discrimination or a case study in regulatory overreach. In truth, its impact was minimal.