twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.

Mortgage REIT Cancels IPO

Bayview unit discloses plans

Sept. 11, 2013

By Mortgage Daily staff

A real estate investment trust that invests in residential and commercial mortgage-backed securities is abandoning plans to issue an initial public offering.

Bayview Mortgage Capital Inc. originally filed a registration statement with the Securities and Exchange Commission in July 2009 indicating plans to issue common stock.

The Coral Gables, Fla.-based company said it planned to acquire and manage RMBS and CMBS at a discount then maximize returns in a variety of market conditions and economic cycles.

"We will then seek to maximize the value of these assets through the analytical and portfolio management expertise as well as the servicing and special servicing capabilities of our manager and its affiliates," the earlier statement said. "We believe that the infrastructure needed to purchase whole loans requires experienced and specialized sourcing, underwriting and special servicing capabilities."

But the REIT's IPO plans have been scuttled.

In an SEC filing Tuesday, Bayview asked the SEC to consent to a withdrawal if its offering.

"The registration statement was filed in connection with the proposed initial public offering by the company of its common stock, which the company has determined not to pursue at this time," yesterday's filing stated. "The company hereby confirms that it has not sold any securities pursuant to the registration statement."

Bayview requested that all fees paid to the SEC for the registration statement be credited for future use.

Parent Bayview Asset Management says it employs more than 1,300 people, including a thousand servicing employees.

It reports that is has acquired more than $24 billion in loans from 2,500 counterparties, while it has closed 75 securitizations for more than $29 billion.

Bayview Mortgage news

next story

back to current headlines

Mortgage REIT news | REIT Directory
Coverage of real estate investments trust companies, litigation and corporate activity.

Mortgage Backed Securities | MBS News | MBS Statistics
News about commercial and residential mortgage-backed securities. Stories about ratings actions and changes to servicer ratings. Studies and reports about the performance of securitizations and problem vintages and classes. Subprime, Alt-A, home equity and j u m b o analysis.

Financial Regulation News | Mortgage Regulations
Bank and mortgage regulators, regulations and regulatory actions. Coverage of regulatory legislation and testimony.
Logout forgot

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders