Much of the third-quarter rebound came from securitization of mortgages on industrial properties.

The two investors will pay $13.50 per share for Front Yard, a 35.5% premium over what the company was trading for on Friday.

In addition to prohibiting bulk sales of foreclosed properties, individuals and other entities will have a 45 day window after a foreclosure auction to beat the highest bid.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."

The acquisition includes Cohen’s servicing and asset management clients and roughly 120 employees.

MBA: The onset of the COVID-19 pandemic had a dramatic and immediate impact on lodging and retail properties, which flowed through to the underlying mortgages...

TD Bank and Charles Schwab continued to dominate the sector, accounting for a combined 45.2% of industry ABS holdings despite pulling back somewhat during the pandemic-stricken second quarter.

Production of deals backed by commercial real estate loans fell 27.9% in the second quarter...

Given the widespread shuttering of consumer-focused businesses due to the coronavirus, it’s no surprise that securitization of loans on retail properties plummeted 90.1% to just $275.0 million.

The net asset value of the Blackstone Real Estate Income Fund declined by 24% to $443 million as of March 31...