Renewed calls for standardization come with potential challenges unique to the non-QM sector.

The lender’s lawsuit alleges that a former account executive took private broker information from the company’s database and broke the lender’s noncompete clause.

Maryland passed legislation with new standards for shared appreciation agreements as the niche sector continues to see strong demand from homebuyers.

Surge of non-agency MBS hits market; Redwood partners with Oaktree on business-purpose loans; A&D Mortgage launches second-mortgage product; former First Republic CEO appointed to lead Turkey’s central bank.

Money-market funds were the most aggressive buyers of MBS during the first quarter, and analysts think demand from the sector will last. (Includes three data charts.)

Some fees paid by mortgage insurers for loans included in nonperforming loan sales were not passed through to related credit-risk transfer deals.

Prepayment rates are suppressed due to elevated interest rates, prompting runoff in the Fed’s MBS portfolio to be well below the monthly reduction cap.

Among the deals that are exposed to small-business borrowers are trucking and small-ticket equipment asset-backed securities, small-balance commercial ABS and premium finance ABS.

Annaly Capital Management highlighted how environmental, social and governance principles factor into its activities. Leaders at the REIT said ESG analysis can help Annaly deliver “superior” returns.

S&P Global Ratings believes commercial MBS borrowers could face their most significant challenges since the Great Recession.