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Bayview Asset Management is securitizing $159.6 million of securities that transfer the risk of credit losses on mortgage insured by Fannie Mae and Freddie Mac, according to Fitch Ratings.
October 13 - Europe
Hawksmoor Mortgages 2016-2 plc is a British sterling-pound denominated RMBS with a £1.124 billion pool balance secured by mortgages to residential properties in the UK extended to 12,153 borrowers. Eighty percent were originated by GE's UK home-lending arms that have since sold off portfolios and exited the British mortgage scene.
October 13 -
What the CFPB Constitutionality Ruling Means for banks and other lenders.
October 12 -
Fannie Mae has released the details of its pilot sale of reperforming loans.
October 11 -
Tricon American Homes is prepping its second securitization of single family rental homes, according to rating agency reports.
October 11 -
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.
October 10 -
Altisource Residential, a real estate investment trust, is securitizing a portfolio of 4,262 single family rental properties that it recently acquired from Amherst Holdings.
October 7 - Europe
An affiliate of BBVA is securitizing 265 million in Spanish mortgages, a majority of which are formerly delinquent loans from the Catalonia region returned to performing status.
October 5 -
Fannie Mae has awarded its latest "community impact" pool of nonperforming loans to an affiliate of the nonprofit New Jersey Community Capital.
September 29 -
Royal Bank of Scotland Group agreed to pay $1.1 billion to settle the first of three major U.S. mortgage-backed securities probes the bank must overcome before it can resume dividend payments.
September 28

