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.

The new complaint against the NCSLT builds on a recent court ruling affirming that the CFPB has regulatory powers over ABS trusts.

Four rated HEI securitizations have been issued since Morningstar DBRS began assessing the deals in October.

New jumbo, expanded-credit and home equity loan securitizations were announced over the last two weeks. The largest offerings are two jumbo MBS from JPMorgan Chase.

Achieve Home Loans is expected to close a $170.1 million HELOC MBS later this month.

Noncore products going into GSE securitizations saw less drop off than core products in the first quarter. (Includes data table.)