The combined entity will be a more diversified commercial mortgage real estate investment trust, with assets expected to reach $1 billion when fully invested.

The REIT giant has a reputation for being MBS-centric. But that doesn’t mean it can’t put its toes in the MSR pond too.

In April, issuers offered $4.95 billion of prime non-agency MBS across nine deals. Meanwhile, only two expanded-credit MBS hit the market, totaling $735.58 million.

Advanced Flower Capital Gamma went public in March. The REIT provides first-lien loans to cannabis companies and it’s generating healthy returns.

Freddie Mac’s first-quarter earnings report indicates the heady days of 2020 have continued into the new year.

Should traditional warehouse financiers be worried? It seems more nonbanks are jumping on the securitization bandwagon.

Most versions of LIBOR, including the one-week and two-month settings, would be discontinued by the end of the year.

After complaints from MBS investors regarding the reporting of performance of loans in non-agency deals, the Structured Finance Association released voluntary standards that could address the issue.

Ocwen Financial is ramping up its servicing/MBS issuance game in a new deal with Texas Capital Bank.

PR Mortgage Investment is set to issue its first jumbo MBS and Bayview Asset Management revised its strategy for the sector.