The real estate finance company completed its merger with Anworth and reported strong first-quarter results on Freddie Mac business.

Data center securitizations issued in recent years carry elevated leverage that is inconsistent with the A rating they received from rating services other than Fitch.

Investing in Ginnie Mae EBOs has been a profitable maneuver but with the forbearance picture improving, finding product to buy could get harder.

Two securitizations brought to the market in May were stocked with recently originated non-qualified mortgages as issuers continue to plow their way through the remainder of the pandemic.

The drawbacks for issuers: liability and reputational risk from overstating the environmental impact of the activities financed by green bonds.

As rates stay low, the corporate debt issuance boom continues but recent deals may be among the last for a while until real estate market values become clearer.

One originator of investor loans calls the profits “sweet,” though he’s not too sure why the FHFA did what it did.

The state, in a recent case, took the position that the owner of mortgage servicing rights, whether handling day-to-day obligations or relying on a subservicer, is required to be licensed under state law.

Not since the go-go days of the mid 2000s has a national subprime REIT pulled off an IPO. If Angel Oak’s offering goes well, might the floodgates open? Wall Street can only hope.

The new rule would cover the forward settlement exposure for the counterparties in TBA deals.