Latest news
Latest news
In March Lone Star closed its fourth residential mortgage fund at over $1bn
Bank’s relationship with SpringCash is ‘commercial’
Deal is the first seasoned performing and reperforming loan deal for Mill City Mortgage this year
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Freddie Mac on Tuesday opened an exchange that will allow investors to trade eligible Freddie Mac securities for TBA-eligible Uniform Mortgage Backed Securities Mirror Certificates, which will be fungible with the new GSE security that will see Fannie Mae and Freddie Mac’s markets merge into one. -
Caixa Económica Montepio Geral is to bring Ares Lusitani, the second issuance of Portuguese non-performing loans (NPLs), with JP Morgan arranging the €70m deal backed by residential and commercial properties located in Portugal.
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Ginnie Mae announced on Friday that it was considering making changes to its loan eligibility rulebook, as the government agency looks for new solutions to crack down on a continued pattern of aggressive refinancing in certain corners of the US mortgage market.
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Greek authorities have begun to implement an enhanced framework to allow mortgage borrowers to keep their homes in a regulatory move that bodes well for future NPL securitization in Greece.
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Paratus AMC is issuing its third UK buy-to-let (BTL) mortgage securitization, Twin Bridges 2019-1, via Natixis.
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Ginnie Mae announced on Tuesday the settlement of an MBS indexed to the secured overnight financing rate (Sofr), as momentum to build an alternative to dollar Libor continues to grow in 2019.
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SC Lowy, a boutique bank headquartered in Hong Kong, has hired Tristan Laurencin as head trader for EMEA loans.
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Spanish bad bank Sareb is reducing NPL portfolio sales in 2019 after increased competition made large sales unprofitable, and is instead focusing on converting NPLs into real estate assets via foreclosure. Tom Brown reports.
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WMC Mortgage LLC, the subprime mortgage origination shop owned by GE Capital since 2004, has officially filed for a Chapter 11 reorganization as its parent company attempts to restructure the business and move past legacy costs tied to the financial crisis.
