One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...

The non-agency securitization business is hot but maybe it’s too hot? Some market participants contend issuing banks are eyeing the rating services for talent.

Three topics — ESG, COVID and George Floyd — dominated the past year in the mortgage market and will shape the GSEs’ future.

Investors bought more MBS in September than August if trading numbers are any indication. Meanwhile, all eyes are on the Fed and the question of tapering.

The Federal Agricultural Mortgage Corp. has closed its first agricultural MBS, valued at $302.7 million.

The central bank may reduce its purchase of new agency MBS, but experts say it’s unlikely to allow current holdings to roll off. That reinvestment strategy means the Fed’s post-taper purchases could approach $60 billion in MBS a month.

Commercial banks cranked up the value of their servicing portfolios in the third quarter, but not dramatically. Soon, we’ll find out how the nonbanks viewed the same asset.

Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...

Fannie CEO Frater: “If you think about what we do and how we actually help people, we’re actually more set up to be ESG companies than may other companies that you might think of as ESG companies.”

TCB has jettisoned key mortgage assets this year but remains a solid player in warehouse finance...