RMBS

Glenn Costello, a structured finance veteran cited through the years in the pages of the Asset Securitization Report for his sharp analysis, particularly of residential mortgage-backeds, passed away on April 6.

Clayton EuroRisk’s New CEO, Tony Ward Eyes Opportunitues for the due diligence firm in UK RMBS.

Premium Point Investments, the New York asset manager behind WinWater Home Mortgage, is expanding beyond residential mortgages into he multi-family space and has tapped Stephen Jones to lead the effort.

FirstKey Lending, which is majority owned by funds managed by Cerberus Capital Management, is pooling $241 million of fixed rate loans it made to landlords for the purchase of buy to rent, single family homes according to Kroll Bond Ratings Agency.

Single family home rental properties located in Florida, Georgia and Washington State will secure the latest loan Blackstone’s Invitation Homes has up for securitization.

A case that has made its way to the U.S. Supreme Court has justices reconsidering whether second-lien debt should be "stripped" in bankruptcy when the collateral is wholly underwater.

B2R Finance, the single-family landlord that lends to other landlords, has launched the industry’s first multi-borrower securitization.

Fannie Mae is looking to broaden its investor base. The agency said it had listed all of it risk-sharing deals on the Irish Stock Exchange and will continue doing so with future transactions.