Pine River rolling out REIT index
Minnetonka-based Pine River Capital Management LP has launched its new Pine River Mortgage REIT Index, a benchmark for investors interested in the performance of publicly traded real estate investment...
View ArticleCommercial-property lending highest since 2007
U.S. commercial-property loan originations rose to the highest since 2007 in the third quarter as banks, insurers and government-backed finance companies increased lending, the Mortgage Bankers...
View ArticleTCF sheds debt, mortgage securities
TCF Financial has taken the next step in revamping itself, dumping $3.6 billion in long-term debt in exchange for lower-cost funding sources to grow new businesses.
View ArticleMinnesota Housing agency taps a new market
In a year when new public dollars will be hard to come by the state’s housing finance agency, Minnesota Housing, found a backdoor way to improve its finances.
View ArticleBond buyers push back as banks unload CRE debt
Bond buyers are pushing back as banks aim to sell at least $6 billion of the debt in August in the busiest U.S. summer since before the financial crisis for securities backed by loans tied to...
View ArticleTougher rules may await asset-backed bonds
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange Commission is...
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