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Provident Funding Packing Non-Agency MBS with Standard GSE Mortgages

November 26, 2019
Brandon Ivey

Unlike other non-agency MBS with GSE-eligible loans, the deal from Provident is concentrated on standard mortgages for primary residences.


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Neuberger Berman Makes Some Tweaks with Latest Non-QM MBS

November 25, 2019
Brandon Ivey

Previous MBS from Neuberger Berman included investment-property mortgages underwritten using rental income...


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Around the Industry

November 22, 2019
George Brooks

MLO Transitional Licensing Regime to Take Effect Next Week

November 21, 2019
Yemeng Yang
Starting next week, mortgage loan originators that move from banks to non-banks or between states can operate with temporary authority. But there may be potential compliance risks, warned attorneys.
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Chinese Asset Management Fintech Firm Plans U.S. IPO

November 21, 2019
Yemeng Yang
Shenzhen-based OneConnect, which leverages blockchain technology to manage ABS assets, plans to raise $100 million via a U.S. listing.
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A Sudden Departure for CEO of Nation’s Largest MBS-Investing REIT

November 21, 2019
Paul Muolo

The firm named Chief Financial Officer Glenn Votek interim CEO and president as it searches for a permanent replacement.


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Non-QM Market is Red Hot but Not All Rip Cords Will be Pulled

November 21, 2019
Paul Muolo
When one non-QM lender agrees to sell, it stands to reason a peer company might for sale as well. Right? Not necessarily.
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Regulators Look to Reaffirm Base Premise of Securitization

November 21, 2019
Yemeng Yang
Two proposals look to reaffirm the “valid when made” doctrine, paving the way to settle legal risks facing the securitization industry.
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Short Takes: What’s Fannie, Freddie Common Really Worth? / The Preferreds? / Rehab or Fade Away / Piper Likes PennyMac / A Vendor Promotion

November 19, 2019
Paul Muolo
The eternal question: Is Fannie/Freddie common worth anything? Opinions have varied all decade long...
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Guild Predicts New Company Record for Originations, McGarry Will Relinquish a Title

November 19, 2019
Paul Muolo

Guild Mortgage, the nation’s 20th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…


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