Mortgage rates and MBS spreads may depend on how the White House structures the proposed IPO for the GSEs and how markets react to a potential merger of the two mortgage giants.
JPMorgan Chase leads the market in non-agency MBS issuance, offering all types of deals. Jamie Dimon adds that long-sought reforms could help boost volume.
Market participants are limiting the reach of federal student loan programs to spur more private loan activity, but borrowers with lower credit scores might get left behind.
A&D Mortgage and Imperial Fund Asset Management have received a $250 million commitment from Canyon Partners. The partnership will fund $5 billion of non-agency securitizations.