Asset Securitization Report - October 2016

More than $200 billion in securitized commercial mortgages come due soon, many of them still underwater

Edward DeMarco, a former director of the Federal Housing Finance Agency, argues in a new paper that utilizing Ginnie would make for a smoother transition to a new system.

Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.

Some big investors are keeping their powder dry in the event that an exogenous event roils the financial markets; in the meantime, it’s a challenge to put money to work in assets that produce decent returns without taking on excessive risk.

Steve Eisman, the money manager who foresaw, and profited from, the collapse of the subprime mortgage market, hadn’t attended a securitization conference since 2007. But Information Management Network, the organizer of an annual confab in Miami, clearly recognizes a good draw. It invited him to give the keynote speech Sunday.