A number of commercial real estate lenders are dipping their toes into lending to marijuana dispensaries with the expectation of securitizing these loans, but such ventures might be premature, according to an analysis by the Dechert law firm.

With agency MBS spreads remaining tight, Annaly has put more emphasis on commercial real estate and whole-loan acquisitions…

Mortgage firms providing collateral for the new EC MBS include Fairway Mortgage, Guild Mortgage, PrimeLending and others…

The differences are tied to how the rating services define full documentation.

JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...

Rep. Jeb Hensarling, R-TX, released his much-anticipated proposal, the Bipartisan Housing Finance Reform Act of 2018, for housing-finance reform last week but industry observers say it has little or no chance of making any headway. In fact, Hensarling said if reform stalls in this Congress or the next, he would advocate for the administration to tackle reform when a new Federal Housing Finance Agency director is named in January. He released the “discussion draft” the day of a House Financial Services Committee hearing on Sept. 6, the 10-year anniversary of the conservatorship. The bill would transition to a system where qualified mortgages backed by government-approved guarantors with regulated capital can access the...

Fannie Mae and Freddie Mac should standardize their programs and policies that impact cash flows in preparation for the new Uniform Mortgage Backed Security, according to a proposed rule issued by the Federal Housing Finance Agency this week. The proposed rule incorporates recent input from the Securities Industry and Financial Markets Association. The regulator noted that standardizing policies that affect cash flows to investors in to-be-announced MBS will benefit market participants and homeowners. “By instituting regulations that further standardize those products, the proposed rule and the UMBS would reduce complexity and the cost of analytics set to be introduced in the second quarter of 2019,” said the FHFA, adding that it will also help encourage a broader investor base.

Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…

Wedbush estimates that originations will fall by 8.0 percent this year…

Through the first eight months of the year, Ginnie issuance was down 11.0 percent...