Freddie Mac has priced its first credit-risk transfer securities backed in part by tax-exempt loans used to finance affordable multifamily rental properties.

The move follows mounting criticism that many homeowners using property assessments to finance energy efficiency upgrades can neither understand, nor afford, the terms of deals.

Welk Resort Group is coming to market after a two-year hiatus; its previous securitization has yet to experience losses, but only because the sponsor is repurchasing defaulted loans from the trust.

The notes are backed by a revolving pool of short-term receivables generated from the sale of crude oil, oil products, non-ferrous metals, non-ferrous metal concentrates, iron ore, coal and refined metals.

The properties backing the $336 million transaction average 23 years of age, with valuations averaging $303,727 per property and an average monthly rent of $2,229. Most require pre-lease rehabilitation costs that amount to an average of $8,318.

KKR is undertaking a rare refinancing of a 2014-vintage collateralized loan obligation that does take advantage of a one-time exemption from risk retention requirements.

The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.

The $500 million commercial mortgage that serves as collateral was underwritten by Deutsche Bank and Citigroup; it allowed the building's owner, Alexander's, to cash out $187 million of equity.

A $279 million bond offering is backed by near prime loans contributed by seven third-party investors; to earn an A from KBRA, they had to offer 52.25% credit enhancement.

Banks and other firms collecting defaulted debt originated by another company are not subject to the kinds of restrictions placed on third-party debt collectors, the Supreme Court ruled Monday in a unanimous decision.

Shipping companies need more units to meet a rise in global trade, and they’re not in a position to add to their own fleets.

The Trump Administration’s anti-regulatory agenda has yet to permeate the Securities and Exchange Commission, which remains opposed to relief for collateralized loan obligations.