The overall securitization market may be on government life-support, but its smaller neighbor - the Re-REMICs market (re-REMICs is shorthand for resecuritization of real estate mortgage investment ...
The next housing transition will not be defined by who builds the most units. It will be defined by who controls the rental workflow. For years, the rental conversation has centered on demand. More ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A £30bn re-Remic ratings “error” from S&P. A tightening of re-Remic ratings standards from Fitch. And now this ...
On July 26, New York-based Standard & Poor’s published updated criteria for rating CMBS, which are expected to invoke a swathe of downgrades, particularly among AAA-rated tranches. The reassessment ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs Group Inc., JPMorgan Chase & Co. and at least six other firms are repackaging unwanted mortgage ...
Editor’s Note: The IRS provided relief to REMICs under the 2020 CARES Act. Modifications to mortgage loans held by REMICs, or REMICs that resulted from mortgage forbearance permitted under the CARES ...
Moody’s Investors Service said some repackagings of home-loan bonds put buyers in jeopardy because the securitizations may fail to appropriately move collateral off issuers’ books. Investors could ...
TOKYO -- U.S. mortgage-finance company Freddie Mac says it expects strong demand from Asian investors for its third and largest $2.64 billion offering of Remics, due later this month. Remics, or ...