Mortgage-backed security

National Loans Reveals Top Tips to Buying Dream Car

Retrieved on: 
Sunday, July 18, 2021

National Loans says it pays to shop around, regardless of whether the shopper is buying a new or used vehicle.

Key Points: 
  • National Loans says it pays to shop around, regardless of whether the shopper is buying a new or used vehicle.
  • If buying privately, National Loans says it's a good idea to get a mechanic to have a look at the car.
  • Asset finance providers, like National Loans, can help with loans whether purchasing through a private sale or dealer.
  • In addition to offering car loans, National Loans is a trusted expert for other asset finance.

Freddie Mac Announces Pricing of $382 Million Multifamily Small Balance Loan Securitization

Retrieved on: 
Friday, July 16, 2021

Freddie Mac is also acting as mortgage loan seller and master servicer to the trust.

Key Points: 
  • Freddie Mac is also acting as mortgage loan seller and master servicer to the trust.
  • In addition to the five classes of securities guaranteed by Freddie Mac, the trust will issue certificates consisting of Class B and Class R Certificates, which will not be guaranteed by Freddie Mac and will be sold to private investors.
  • Freddie Mac has a specialty network of Optigo Seller/Servicers and Optigo SBL lenders with extensive experience in this market who source loans across the country.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

Freddie Mac Named RMBS and CMBS Issuer of the Year

Retrieved on: 
Thursday, July 15, 2021

The RMBS and CMBS awards recognize Freddie Macs Single-Family Credit Risk Transfer (CRT) STACR and its Multifamily K-Deal securities, respectively.

Key Points: 
  • The RMBS and CMBS awards recognize Freddie Macs Single-Family Credit Risk Transfer (CRT) STACR and its Multifamily K-Deal securities, respectively.
  • The RMBS Issuer of the Year Award acknowledges Freddie Macs ongoing commitment to the credit risk transfer asset class, said Freddie Macs Mike Reynolds, Vice President of Single-Family CRT.
  • Through CRT, Freddie Mac helps ensure a better housing finance system for homebuyers while decreasing risk and providing unique opportunities for investors.
  • Were very proud to be named CMBS Issuer of the Year, said Robert Koontz, Freddie Mac Senior Vice President, Multifamily Capital Markets.

Olink Holding AB (publ) Announces Pricing of Public Offering of American Depositary Shares by Selling Shareholders

Retrieved on: 
Thursday, July 15, 2021

The U.K. Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering.

Key Points: 
  • The U.K. Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering.
  • The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the offering.
  • Furthermore, it is noted that, notwithstanding the Target Market Assessment, the underwriters will only procure investors who meet the criteria of professional clients or eligible counterparties.
  • Each distributor is responsible for undertaking its own target market assessment in respect of the securities and determining appropriate distribution channels.

Fortress Announces Agreement to Sell Specialty Mortgage Lender and Servicer, Foundation Home Loans

Retrieved on: 
Thursday, July 15, 2021

Fortress Investment Group LLC (Fortress) today announced an agreement to sell Foundation Home Loans, the UK specialist mortgage lender and servicer, to Athene Holding Ltd., an industry-leading financial services company focused on retirement savings solutions.

Key Points: 
  • Fortress Investment Group LLC (Fortress) today announced an agreement to sell Foundation Home Loans, the UK specialist mortgage lender and servicer, to Athene Holding Ltd., an industry-leading financial services company focused on retirement savings solutions.
  • Foundation Home Loans (the trading brand of Paratus AMC Limited) is one of the best-known names in the European mortgage lending, servicing and securitization markets.
  • Since relaunching lending, Foundation Home Loans has originated over 2.5bn of mortgage loans, including over 500m in the first half of this year.
  • By June 2021, Foundation Home Loans held mortgage loans in excess of 3bn on its balance sheet and serviced an additional 930,000,000 for a total assets under management balance of nearly 4bn.

Two Harbors Investment Corp. Announces Earnings Release and Conference Call for Second Quarter 2021 Financial Results

Retrieved on: 
Wednesday, July 14, 2021

Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, announced today that it will release financial results for the quarter ended June 30, 2021 after market close on August 4, 2021.

Key Points: 
  • Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, announced today that it will release financial results for the quarter ended June 30, 2021 after market close on August 4, 2021.
  • The company will host a conference call to review the financial results on August 5, 2021 at 9:00 a.m.
  • To participate in the teleconference, please call toll-free (877) 502-7185 approximately 10 minutes prior to the above start time.
  • Two Harbors Investment Corp., a Maryland corporation, is an internally managed real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets.

New American Funding Recognized as One of the Nation's Top Workplaces

Retrieved on: 
Thursday, July 15, 2021

New American Funding is one of the fastest growing mortgage companies, having almost doubled its mortgage business in 2020.

Key Points: 
  • New American Funding is one of the fastest growing mortgage companies, having almost doubled its mortgage business in 2020.
  • New American Funding is also consistently recognized as a top employer.
  • New American Funding offers an award-winning culture, advancement opportunities, career training, high-level mentoring, competitive benefits packages, and signing bonuses for certain positions.
  • To learn more about working at New American Funding, visit their careers page today.

Trepp Report Reveals the Full Accounting of COVID-19 Crisis Shows Extent of Pain for Hotels, Malls

Retrieved on: 
Wednesday, July 14, 2021

On average, overall NOI, revenue, and occupancy behind CMBS loans contracted by 10.3%, 6.9%, and 5.3%, respectively, between 2019 and 2020.

Key Points: 
  • On average, overall NOI, revenue, and occupancy behind CMBS loans contracted by 10.3%, 6.9%, and 5.3%, respectively, between 2019 and 2020.
  • Trepp, founded in 1979, is a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets.
  • Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance.
  • Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets.

InterLinc Mortgage Celebrates Unprecedented Growth Records

Retrieved on: 
Wednesday, July 14, 2021

HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.

Key Points: 
  • HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.
  • When the pandemic first began, everyone in the mortgage industry was planning for the worst-case scenario," says Gene Thompson, InterLinc CEO.
  • InterLinc has been named to Scotsman Guide's Top Lenders list and National Mortgage News' Best Mortgage Companies to Work For list already this year.
  • InterLinc Mortgage is a full-service mortgage banking firm with approvals from the three largest issuers of mortgage-backed securities, Fannie Mae, Freddie Mac and Ginnie Mae.

Freddie Mac Prices $912 Million Multifamily K-Deal, K-F116

Retrieved on: 
Tuesday, July 13, 2021

The K-F116 Certificates are backed by corresponding classes issued by the FREMF 2021-KF116 Mortgage Trust (KF116 Trust) and guaranteed by Freddie Mac.

Key Points: 
  • The K-F116 Certificates are backed by corresponding classes issued by the FREMF 2021-KF116 Mortgage Trust (KF116 Trust) and guaranteed by Freddie Mac.
  • Freddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
  • Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.