A pending proposal led by the Federal Reserve could see big banks facing higher capital requirements on their holdings of securities classified as available-for-sale.

The federal government’s new income-driven repayment plan, introduced after the Supreme Court decision, should drive prepayments higher to the benefit of seasoned deals, rating services said.

Ashford Hospitality Trust, a Dallas-based REIT, says handing back the keys on 19 hotels will cut the company’s debt by about $700 million, a reduction of more than 18%.

Issuance of single-family rental securitizations started in late 2013. And now Fitch Ratings is prepared to assign ratings in the sector.

Ratings for securitizations of residential transition loans are in the works following the issuance of a handful of unrated deals.

The Federal Reserve says that lessons learned from the last round of quantitative tightening will allow the process to be faster this time.

AG Mortgage Investment Trust lodged a competing bid for Western Asset Mortgage Capital; Fannie, Freddie, Ginnie added to MBS disclosures; RMF sold some reverse mortgage MSRs.

New rules on NPL/RPL sales appear to address Congressional criticism of these programs, but FHFA data may belie those complaints.

The Mortgage Industry Standards Maintenance Organization released its private-label residential MBS specifications, aimed at making it easier for ratings services to review MBS.

A-paper nonbanks searching for an origination life raft have discovered second liens. And now some top-ranked non-QM shops are ready to enter the arena, like Angel Oak.