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PIMCO Aggregating Loans from Older Non-QM MBS in New Issuance

August 5, 2019
Brandon Ivey

More than 80% of the loans were in MBS issued in 2016 and 2017 that have since been “collapsed,” according to a report from Fitch Ratings.  


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CMBS Market Fueled by Non-Agency Paper

August 2, 2019
John Bancroft

The securitization of retail-property mortgages plummeted 25.7% from 1Q to 2Q, IM&A found...


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Despite 2Q19 Origination Boom, Mortgage Jobs Lag

August 2, 2019
Paul Muolo

Large nonbanks the likes of UWM, Quicken and loanDepot are hiring but overall, the mortgage employment figures for June were not particularly strong...


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Freedom Mortgage Strikes Again with Another M&A Deal, Agrees to Buy Sub of OTC-Traded Firm

August 1, 2019
Paul Muolo

In 2016, J.G. Wentworth Co. was delisted from the New York Stock Exchange. At the time, its shares traded for 40 cents apiece compared a 52-week high of $10.41. 


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Ramifications Regarding Expiration of the ‘GSE Cap’ Overblown?

August 1, 2019
Paul Muolo
The “GSE patch” news is a week old now, but the ramifications are still unclear. One big wild card: the election of a Democrat president.
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Regulation in the Works for Alternative Data Use

July 29, 2019
Yemeng Yang
Lawmakers are seeking ways to better understand and regulate the use of alternative data in underwriting. Asking for express consumer consent and creating sandboxes are considered.
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Short Takes: Don Layton’s Opinion / Lazy GSE Competitors? / An Anxious Board of Directors / Some Sweetheart G-Fee Deals (Angelo Mozilo’s Countrywide)

July 22, 2019
Paul Muolo

Where Fannie and Freddie 'lazy' competitors during the preconservatorship years? Opinions may differ, to say the least...


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Algorithms Come Under Fair Lending Scrutiny

July 15, 2019
Yemeng Yang
The bureau is monitoring lending models and algorithms to prevent discrimination and boost access to credit.
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Ryan’s Departure Creates a Vacuum at FHFA

July 12, 2019
Dennis Hollier
As a key Obama-era policy maker at FHFA departs, some industry insiders worry the new administration will upset years of reform.
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Democratic Candidates Stake Out Housing Turf

July 11, 2019
Dennis Hollier
Kamala Harris, Elizabeth Warren, Julian Castro and Cory Booker — Democrats jockeying to be the 2020 presidential candidate — lay out comprehensive plans to reform the nation’s affordable-housing system.
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