Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…”

If all goes well, the net proceeds will total $20.25 million.

It may be hard to fathom, but Fannie and Freddie once played with very sharp elbows…

SG Capital Partners, a boutique investment banking firm chock full of former Goldman Sachs executives, has launched a new wholesale lender to originate non-qualified mortgages, most of which will wind up in MBS deals.

Increasing use of smart building technologies such as the internet-of-things can benefit commercial real estate, and thus bring meaningful impact to commercial MBS, said DBRS.

A number of commercial real estate lenders are dipping their toes into lending to marijuana dispensaries with the expectation of securitizing these loans, but such ventures might be premature, according to an analysis by the Dechert law firm.

With agency MBS spreads remaining tight, Annaly has put more emphasis on commercial real estate and whole-loan acquisitions…

Mortgage firms providing collateral for the new EC MBS include Fairway Mortgage, Guild Mortgage, PrimeLending and others…

But the program has been a dud...

The differences are tied to how the rating services define full documentation.