Loan prices for second homes and investment properties are getting whipsawed, giving bottom feeders the upper hand. Credit the FHFA.

An asset manager based in Toronto agreed to acquire Annaly’s commercial business. The REIT will put an even greater emphasis on its investments in residential MBS.

A 30-day average of SOFR would make a good replacement for LIBOR when pricing new MBS and ABS, according to a recommendation from a committee of industry participants convened by the Fed.

Securitizing mortgages can be expensive and recent PSPA changes might force the hand of smaller lenders, at least that’s how some trade groups see it. (Includes three data charts.)

After an impressive decline in February, the CMBS delinquency rate continued to improve in March.

JPMorgan Chase Bank’s third risk-sharing deal involving auto ABS is based on a reference pool of loans with an unpaid principal balance of $3.98 billion. The loans will remain on the bank’s books.

Although rates have been rising, nonbank MBS issuer loanDepot this week took a trip to the corporate debt well, offering seven-year paper.

Overnight repo rates are exceptionally low and even dipped below zero, helping to reduce funding costs for investments in agency MBS.

Ares Commercial Real Estate Corp. unveiled a secondary offering of seven million shares of common. Proceeds: $100.6 million.

If you want to be a player in Ginnie Mae early buyouts, you’ll need cash, lots of it. But is the window starting to close?