Fannie Mae – which has recovered billions of dollars in damages from mortgage bankers on buyback requests – is cutting down on due diligence reviews.
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Dedicated funds have proved crucial to the develop of CAT bonds and they will remain so
January 30 -
Extended Stay issued the $350million, floating rate component of its $2.5 billion single borrower CMBS deal this week at pricing spreads that fell within guidance.
January 30 -
Freddie Mac plans to issue its second multi-family CMBS of 2013, a $1.3 billion transaction called FREMF 2013-K25.
January 30 -
Bank of America Merrill Lynch and Morgan Stanley plan to issue a $1.14 billion CMBS conduit, MSBAM 2013-C8.
January 30 -
After last year’s false start, the GSEs plan to introduce risk-sharing bonds this year.
January 30
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Do not expect much securitization activity out of Europe this year, said participants in a panel at the American Securitization Forum’s 2013 conference.
January 29 -
The U.S. housing market and consumer are looking much healthier and there are reasons to believe they will only get stronger.
January 29 -
Regulators risk stifling a recovery in the securitization market if they subject privately offered securities to the same disclosure and reporting requirements as public offerings.
January 29 -
RBS Securities plans a $295 million single borrower CMBS backed by a loan secured by the Shops at Mission Viejo called RBS Commercial Funding Inc. 2013-SMV Trust.
January 29 -
Goldman Sachs plans to issue a $1.1 billion commercial mortgage backed securitization, GS Mortgage Securities Corporation Trust 2013-KYO.
January 29 -
Stonegate Mortgage Corporation, hired Eric Scholtz as executive vice president of structured finance.
January 29 -
CarMax Business Services LLC is preparing its first issue of 2013,a $800 million auto asset-backed securities deal called CarMax Auto Owner Trust 2013-1.
January 29