Home / (page 2392)

FDIC Seeks to Limit Safe Harbor on Securitized Loans

The FDIC's board approved an advance notice of proposed rulemaking Tuesday regarding its safe harbor provision for securitized loans seized from failed banks, which would restrict the protection to loan bundles that meet certain regulatory criteria. Since 2000, the FDIC has taken a hands-off approach to securitized assets when it stepped into to shut down a problem financial institution.

Read More »

Bridger Resumes CMBS Loan Originations

Bridger Commercial Funding announced Monday that it will resume originating new commercial real estate loans on income-producing properties for repackaging in commercial mortgage-backed securities (CMBS).

Read More »

Wells Fargo Expands Use of Mortgage Payment Relief Programs

In an effort to reduce the number of foreclosures across the country and keep customers in their homes, Wells Fargo& Company announced Saturday that it is continuing to expand its use of the federal Home Affordable Modification Program (HAMP) and other modification programs.

Read More »