Freddie Mac priced a $243.4 million securitization of seasoned residential mortgages Monday, returning to a market where older loans, including mortgages modified to help struggling borrowers, are repackaged for investors. The Seasoned Loans Structured Transaction...
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
RMR Posts $12.4 Million Quarterly Loss as Managed Real Estate Assets Fall t…
