A rise in securitization of expanded-credit mortgages from Annaly Capital Management and Invictus Capital Partners helped the ECM securities market grow in the second quarter. (Includes three data tables.)

The pooling of about $100 million of SBA loans should provide economies of scale to smaller lenders.

Second-quarter Ginnie Mae securitization growth was strongest among purchase-loan originations. But refis picked up steam over 2023. (Includes four data tables.)

Most of the noncore categories where the GSEs are active lagged overall market growth. The one that didn’t: conforming jumbos. (Includes data table.)

The decline was driven by loans eligible for sale to the government-sponsored enterprises along with FHA and VA mortgages.

A new rating methodology boosts investor interest in fix-and-flip securitizations.

The housing environment and new rating methodology have led to an improving securitization market for business purpose loans.

The decline was driven by conventional-conforming mortgages and government-insured mortgages. The securitization rate for non-agency mortgages actually jumped in the first quarter. (Includes data table.)

In Georgia, investors who hold mortgages set for quick securitization will be exempted from the licensing requirements if they hold the loans for 14 or fewer days.

The $141 million deal was oversubscribed with interest from both new and repeat investors.