Nothing Bundt Cakes is baking a $359 million whole-business ABS. The bakery franchiser was acquired by Roark Capital earlier this year.

If hotel properties are excluded, average NOI declined only 0.7% last year, according to Fitch Ratings.

In a bid to encourage socially responsible investing, Ginnie Mae has made its environmental, social and governance data available to MBS investors.

Although 30-day delinquencies were up, Fannie, Freddie and Ginnie all saw significant declines in the number of loans two- and three-payments past due. (Includes data chart.)

Happy days are here again for additional offerings of stock by mortgage REITs. Well, maybe. Two recent deals are fanning the flames of hope.

FHFA warned the FHLBanks, one of the largest issuers of SOFR-linked derivatives, not to use other benchmarks as the banks shift away from LIBOR.

After focusing on securitization of residential bridge loans, Toorak Capital Partners is preparing an MBS backed by investment-property loans with 30-year terms.

The rating service has improved its outlook on auto ABS for the second time this year based on an economy rapidly healing from COVID-19 losses.

Priority Financial Network is steamed about the Ginnie application process and is searching for answers. Meanwhile, it could fund $2 billion in loans this year, including conventional, government and non-QMs.

Investors are still open to the idea of buying debt issued by nonbank mortgage firms, but will the window stay open through the summer?