Latest news
Latest news
Fortress agrees forward flow for €500m of unique assets
Cash SRT pipeline fires up earlier than usual
A new European data centre sponsor, Dutch buy-to-let back in business, CLO equity squeezed and a Bitcoin backed deal
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Redwood Trust, a California-based REIT, announced on Tuesday that an underwritten public offering of 6,250,000 shares of Redwood’s common stock has been priced at $16.50 per share, resulting in gross proceeds of approximately $103m. -
In its newest non-performing deal, NHLT 2018-2, Nationstar Mortgage is securitizing cash flows from 1364 non-performing home equity conversion mortgages (HECMs) sourced from Ginnie Mae-sponsored securitization pools.
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Following a flurry of second quarter earnings reports from US banks last week, analysts at Bank of America Merrill Lynch are predicting that demand from domestic banks for agency MBS should expand as the economy grows and banks are attracted to the highly liquid asset class.
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Private equity firm Stone Point Capital is buying a majority stake in Sabal Capital Partners, a California-based lender focused on financing affordable multifamily properties.
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Morgan Stanley has been mandated as sole arranger and joint lead manager with Barclays for Towd Point Mortgage Funding 2018-Auburn 12, in what may be one of the final ABS announcements before the seasonal summer lull in Europe.
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Holders of HSH Nordbank’s tier one securities are requesting documentation from the German bank’s owners through the US legal system. They say the sale of the bank was designed to harm them.
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A divided panel of three appellate judges ruled late on Monday that the organization of the Federal Housing Finance Agency (FHFA), which oversees US mortgage giants Fannie Mae and Freddie Mac, violates the spirit of the US Constitution.
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Cerberus Capital Management is exploring options for Auburn 9 — a UK buy-to-let RMBS sold in 2015 — and is considering a sale of the entire mortgage portfolio before the next interest payment period in August, according to a regulatory filing last week.
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At a panel held at the American Enterprise Institute in Washington, DC on Thursday, the former director of the Federal Housing Finance Agency (FHFA) from 2009-2014 defended the duopoly of Fannie Mae and Freddie Mac, stating it was economically necessary for the agencies to buttress the mortgage market.
