Issuance of Non-Agency MBS Constrained by a Lack of Reforms to Reps and Warranties September 26, 2018 Brandon Ivey Blackrock and PIMCO were among the firms cited as avoiding new non-agency MBS deals…Read More
First Up to Testify Thursday at the HFSC FHFA Oversight Hearing: Simone Grimes, Mel Watt’s Accuser September 26, 2018 Carisa Chappell Simone Grimes, who holds the title of special advisor, is still employed by the agency.Read More
Former Incenter Trading Unit Reemerges as RAMS Mortgage Capital September 25, 2018 Paul Muolo The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...Read More
Third-Party Lenders Account for Out-Sized Share of FHA/VA Market September 25, 2018 John Bancroft However, some large commercial banks are willing to remain in the market through correspondent arrangements…Read More
MBS Trading Sets a New Low for the Year September 25, 2018 Paul Muolo The trading peak for the year came in February at $239.2 billion.Read More
Short Takes: Full Bore into Non-QM? / FHA Could Hike Premiums / Record Attendance at ABS East / Departures from Sprout / A New Denver Branch for Churchill Mortgage September 25, 2018 Brandon Ivey and Paul Muolo Will FHA hike its premiums? Maybe, maybe not...Read More
Trade Groups, Bankers Voice Disdain for Freddie’s MSR-Financing Pilot September 24, 2018 Paul Muolo ICBA: “They [Freddie] can say whatever they want to, but financing MSR crosses the line.” Read More
Nonprime Lender Deephaven Taps LoanScorecard’s AU Software September 24, 2018 Paul Muolo Recently, Inside Nonconforming Markets published its second quarter ranking of expanded-credit lenders, but Deephaven did not appear.Read More
Deephaven Set to Issue its Largest Nonprime MBS to Date September 21, 2018 Brandon Ivey Mortgages from 74 lenders will be included in the deal…Read More
Plenty of Investors Look Willing to Pick Up the Slack as the Fed Continues to Slowly Unwind Its Massive Holdings September 21, 2018 Most of the major MBS investor groups added to their holdings during the second quarter of 2018, according to a new Inside MBS & ABS analysis. [Includes two data charts.]Read More
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