Securitization

The Department of Housing and Urban Development is reducing the mortgage insurance premiums it charges on Federal Housing Administration multifamily loans to encourage the renovation of affordable housing units and promote energy-efficient upgrades.

Another online lender specializing in student loan refinancing, Earnest, is tapping the securitization market for $112 million.

Paragon Mortgage may be scaling back its loan securitizations in 2016, with plans to utilize the increased deposit base at parent Paragon Bank to fund more originations of its core “buy-to-let” mortgage business to family landlords.

Commercial mortgage securitization may be off to a slow start, but one of the first conduit deals of the year has one of the main hallmarks of 2015: credit barbelling.

WinWater Home Mortgage’s first prime jumbo securitization of the year is backed by a mix of 15-year and 30-year loans, according to DBRS.

The way the Consumer Financial Protection Bureau is regulating the auto finance industry's relationships with dealers is simply wrong — both legally and ethically. It's also directly counterproductive to its goal of protecting consumers.

Bank of American is marketing $166 million of bonds backed by a commercial mortgage on One Channel Center, 500,000 square foot office building and adjacent parking garage in Boston, according to Standard & Poor’s

Freddie Mac has priced a $757 million offering of structured pass-through certificates under its “K Certificates” program that securitizes recently originated multifamily mortgage loans.

The first three issues of U.S. prime jumbo residential mortgage bonds issued since the financial crisis have been called without any loss, Fitch Ratings reported Monday.

HomeUnion, an online, real-estate investment management firm specializing in single-family rental properties, named Vivek Pendharkar as chief development officer.

American International Group announced $3.6 billion in new costs to fill a reserve shortfall and said it will hold an initial public offering for its mortgage insurer and sell an adviser network.

Nations Equipment Finance is shaving exposure to oil-and-gas equipment contracts in its latest asset-backed deal – but still has “relatively high exposure” to the risky field, according to a presale report from DBRS.

Aviation Capital Group, a wholly owned unit of Pacific Life Insurance Co., has redeemed $1.86 billion of asset-backed securities issued in 2005.

As the Florida Hurricane Catastrophe Fund prepares to return to the municipal bond market for the first time in nearly three years, the agency's chief plans to retire.

The Federal Housing Finance Agency may face legislation or a lawsuit in the near future as it tries to force captive insurance companies to exit the Federal Home Loan Bank System,

Add Southcross Energy Partners, Seventy Seven Energy, Verso Corp., and Paragon Offshore to the list of credits held by collateralized loan obligation that appear to be headed for default.

As investors continue to unload loans to risky companies, pushing prices into distressed territory, those still holding these investments are increasingly looking the other way.

CIG Financial is marketing its first ever public term auto loan securitization, according to DBRS.

Hyundai Motors America is marketing $604.42 million of notes backed by auto leases, according to Fitch Ratings.