Advanced Search

Volume 2012 - Number 26

December 21, 2012

Credit Suisse to Increase Non-Agency MBS

Credit Suisse’s jumbo conduit is increasing its acquisitions and looking to issue more non-agency jumbo mortgage-backed securities, according to Luke Scolastico, a vice president at Credit Suisse. “We’re buying loans every day,” he said last week at a panel discussion hosted by the American Securitization Forum. “More last month than the month before, and more that month than the month before.” Credit Suisse has issued $1.50 billion in non-agency MBS so far in 2012. While the first deals ...

Subscribers to Inside Nonconforming Markets have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?

Subscribe

This biweekly is the leading source of news and data on non-agency residential mortgages.

 

Pay-Per-View

You can purchase this article for $50.00 without subscribing and always have access to it on insidemortgagefinance.com.

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744

Poll

With the recent dip in interest rates, how do you feel about loan volumes this year?

We see loan production ending 2015 flat compared to 2014.

36%

We’re optimistic that our originations will rise by 10 to 20 percent year over year.

44%

We’re really optimistic: We expect production to increase by 20 percent or better from last year.

12%

We’re not so bullish. Originations for us may actually fall.

8%

Housing Pulse