There are plenty of fix-and-flip home sales but profitability is starting to slip. Meanwhile, in his new book, Calabria takes a poke at nonbanks.

That retrenchment marks the slowest quarterly growth rate since early 2019...

SVB’s holdings of available-for-sale MBS totaled $8.46 billion or just 4.0% of its total asset base...

As part of its 2024 budget proposal, the White House has asked for a $20.6 million increase in funding for Ginnie Mae.

CHLA believes the FHFA should mandate a 12-month increase in the retained portfolios of the GSEs...

Rising interest rates and fickle demand in the secondary market made it difficult to originate non-QMs in 2022. The hope among industry participants is that volatility will recede.

Non-QM lenders and MBS issuers are making adjustments amid a volatile secondary market. Issues include timing for MBS issuance and competition for new production.

The REIT stopped acquiring non-QMs during the fourth quarter as interest rates fluctuated and demand in the secondary market waned.

MISMO is working to update data fields established by the American Securitization Forum in 2009 for use in the non-agency MBS market.

Non-agency MBS issuance update; PennyMac launches jumbo product; Fitch affirms A&D’s servicer rating, Redwood increases staff.