Morningstar: CMBS Payoff Rate Jumps

The final year of the three-year commercial mortgage-backed securities ‘maturity wave’ of loans disbursed between 2005 and 2007 started out strongly, reported Morningstar Credit Ratings LLC, Chicago.

MBA Mortgage Action Alliance Issues Call to Action on G-Fee Bill

The Mortgage Bankers Associaton’s Mortgage Action Alliance issued a Call to Action yesterday, urging its members to support newly introduced legislation that would curb congressional use of credit guaranty fees, also known as g-fees.