It’s been a busy year in whole loan trading for MIAC Capital Markets. The advisory firm has sold $1.2 billion of product year to date, almost double what it did all of last year. And the way things stand today, 2018 could be even better. According to Steve Harris, managing director for MIAC, the reason for the pickup in activity is simple: growth in non-agency lending, coupled with stronger demand from depositories for loans that can help them meet Community Reinvestment Act requirements ...
Ginnie Mae issuers securitized $85.4 billion of purchase loans in the third quarter, falling just short of the record $85.4 billion set in the third quarter of last year.
Formed in 2014, LH originated $598 million in 2016, ranking 442nd overall, according to Home Mortgage Disclosure Act figures compiled by Inside Mortgage Finance.