Five Ten Capital closed a $100 million financing facility with Deutsche Bank that is backed by mortgages on rental homes, with an eye towards longer term financing for its portfolios of these properties.
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A policy fight is threatening the recovery of collateralized loan obligations [CLOs] in Europe.
June 28 -
Could higher yields end up deepening the investor base for asset-backeds?
June 28 -
Shellpoint Partners LLC, the home lender founded by mortgage-bond pioneer Lewis Ranieri, priced its first securitization after restructuring the senior tranche on the back of investor requests.
June 28 -
Ongoing litigation may clarify on the responsibilities of trustees in residential mortgage backed securities, but market participants aren't waiting around to find out.
June 28 -
Regulators have been trying to price Fannie Mae and Freddie Mac out of their dominant shares of the secondary market for home loans. After a pair of giant price increases, the strategy may soon bear fruit.
June 28
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Roughly in step with other markets, structured finance pricing and issuance in June was governed by questions of how quickly the Federal Reserve would rein in its asset-buying spree.
June 28 -
Why Sen. Al Franken’s (D-Min.) efforts at ratings agency reform are obstructed by a wall of denial.
June 28 -
Delayed draw features, which allow CLO managers to avoid paying noteholders until deals are invested, have gained momentum.
June 28 -
The trend of U.S. banks shifting their subprime mortgage servicing rights to non-bank, specialist servicers looks set to continue, according to a Fitch Ratings report.
June 28 -
The Carlyle Group issued a $461.5 million collateralized loan obligation dubbed Carlyle Global Market Strategies 2013-3, according to a Standard & Poor’s presale report.
June 27 -
Wall Street thinks it has a found a solution to jumpstart the dormant market for private-label mortgage-backed securities: bring a third-party reviewer to determine who is on the hook for bad loans.
June 27 -
Trimaran Advisors, a wholly-owned subsidy of KCAP Financial, is planning a $426.3 million collateralized loan obligation called Catamaran CLO 2013-1.
June 27