RMBS

Federal Housing Administration closes loophole for student debt in revamped lender handbook.

Kensington Mortgage plans to pool another £281.1 million ($424 million) of its U.K. prime RMBS loans under its Gemgarto master trust.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single family rental securitization.

Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie and Freddie than they once did.

Redwood Trust’s fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Ocwen Financial is back with another round of term notes issued from its Ocwen Master Advance Receivables Trust (OMART).

The Federal Home Loan Bank of Chicago is making it easier for members to participate in its Mortgage Partnership Finance program for government-backed loans.

Citigroup plans to issue another $421 million of re-performing, residential mortgage bonds from its Citigroup Mortgage Loan trust, according to DBRS.

New Residential will begin marketing a $500 million securitization of performing mortgage loans next week and will issuer another RMBS in December.