June 2025

JPMorgan re-packages bonds tied to apartment loans into new debt in rare move

JPMorgan Chase & Co. has bundled the riskiest portions of over a dozen Freddie Mac mortgage bonds tied to small balance apartment loans in what appears to be the first time this sort of debt has been securitized not once but twice. Known as a resecuritization, the deal pools together 18 bonds created by Freddie

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Florida eases costs for condo owners post-Surfside

Florida enacted legislation this week that will provide various forms of relief for condominium unit owners and community associations from the financial impact of regulations introduced after the 2021 building collapse in Surfside. Governor Ron DeSantis signed new laws on Monday and noted the legislation came from feedback provided by condo residents and communities in

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