Finance

In their search for ways to shift the credit risk of mortgages from taxpayers to the capital markets, Fannie Mae and Freddie Mac may be overlooking important players: the lenders that make these loans in the first place.

Fannie Mae and Freddie Mac are exploring ways offload risk to a range of players, and, in an effort to produce something that mimics as closely as possible the risk in private-label mortgage securitization, they have been moving to deals with exposure to actual losses, as opposed to estimated losses.

Capital Royalty is the newest sponsor to tap the securitization market to finance venture capital loans made to healthcare product and service companies, according to Kroll Bond Rating Agency.

Underwriting standards will keep slipping for auto loans over the next year but deals performance won't suffer, according to Moody's Investors Service 2016 Auto ABS Outlook.

JP Morgan’s latest offering of commercial mortgage bonds is backed by a less diverse portfolio than many recent conduits rated by Fitch Ratings.

The GSEs will emerge as the biggest sellers of troubled home mortgages next year said analysts at Bank of America Merrill Lynch.

The Obama Administration’s efforts to ease the debt burdens of college students have had unintended consequences for investors in federally guaranteed student loans.

Rated bonds backed by online marketplace loans might include subprime consumer loans for the first time next year. This is one of predictions that analysts at Moody’s Investors Service made in a recent report on the sector.

When it comes to solar, the equity market’s loss might prove to be securitization’s gain.

Ex-banker Frank Rotman, now a venture capitalist who focuses on marketplace lending, has a unique vantage point on the competition for small-business loans between banks and Web-based upstarts, as well as on both sides' strengths and weaknesses

NorthStar's only marketed two previous CRE CLOs since 2012.

At the federal level, the Investment Tax Credit (ITC) allows both residential and commercial developers to offset 30% of their costs. Various states also offer credits.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

CLO managers have received some Congressional backing for their efforts to curb the impact of forthcoming risk-retention standards.

Navient said Monday that investors in six student loan securitizations it services had voted to extend the maturity dates of the bonds.

Investors in the class C notes of Multi-Cat Mexico 2-12-1 are still in suspense, even after default.

Fannie Mae just took out a potential chunk of private label CMBS supply. The agency said today it’s helping fund Blackstone’s purchase of Stuy Town.

Thanks to persistently low interest rates and rising property values, sponsors had little trouble refinancing the wall of commercial mortgage debt maturing this year.

Jefferies is Floating Plans to Finance the 5% stakes that CLO managers will need to retain in their own deals.