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ABS Issuance Fades in 4Q19. However…

January 3, 2020
John Bancroft

However, two asset categories – business loans and consumer loans – saw substantially higher production in the fourth quarter...


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Trends Grapevine: Rate Hikes, What Rate Hikes? / Non-QM Bulls

January 3, 2020
Paul Muolo
No rate hikes in 2020? A totally “neutral” Fed? We’ll see about that. Meanwhile, non-QM lenders Angel Oak Mortgage Solutions and Citadel Servicing have bulls in their eyes.
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MBA Recommends Changes to Ginnie’s Digital Guide

January 2, 2020
George Brooks
The Mortgage Bankers Association recommended changes to Ginnie Mae’s proposed Digital Collateral Guidance to clarify requirements for accepting digital promissory notes and other documents.
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FDIC Voices Concerns Over Leveraged Lending Risks

January 2, 2020
Yemeng Yang
In a new supervisory insights report, the FDIC raised concerns about the continuing weakening credit structure of leveraged loans.
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Redwood Packaging Seasoned Loans into MBS

January 2, 2020
Brandon Ivey

Mortgages in the pending deal have seasoned for an average of more than four years. The collateral has no delinquencies...


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Short Takes: Freedom and RoundPoint: Waiting on the Regulators / The Advisors and the Numbers / KKR’s Stake in Mr. Cooper / MBA’s Application Survey? / A New President for AI

January 2, 2020
Paul Muolo

The Freedom-RoundPoint deal awaits regulatory approvals...


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FCI: Fintechs Increasingly Buying F&F Paper, Construction Loans

January 2, 2020
Paul Muolo

“They’re buying loans, not originating,” said Gordon Albrecht, EVP of FCI Lender Services, the nation's largest hard-money subservicer.


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Nonbank Lending Footprint Continues to Grow, Market Share Tops 58%...

January 2, 2020

Meanwhile, the fastest-growing cohort in bank retail lending were small institutions…


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In Limbo Once Again: The Genworth-China Oceanwide Deal

January 2, 2020
Brandon Ivey

In case you’re keeping track, the Genworth-China Oceanwide deal has been delayed for the 13th time…


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Lawmakers Call for End to Using VA Fees for Other Programs

January 2, 2020
George Brooks
A bipartisan group of lawmakers urged Congress to stop hiking VA loan-guarantee fees to offset costs of non-housing VA programs.
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