After Years of Unrated MBS Deals, Great Ajax Breaks the Mold December 15, 2017 Brandon Ivey Great Ajax is a real estate investment trust that formed in 2014 and went public in early 2015.Read More
Continued Growth for Agency MBS in 3Q17 December 15, 2017 John Bancroft The fastest-growing segment is the Ginnie Mae market…Read More
Did the GSEs Play a Role in Slowing Non-Agency SFR Deals? December 15, 2017 Brandon Ivey Moody’s said GSE participation will continue to erode the sector’s reliance on commercial MBS as a source of financing…Read More
What We’re Hearing: Bitcoin Comes to the Rescue of Homebuyers / Not There Yet / Would the White House Dare Fire Mel Watt? / Probably Not? / Shrinking the GSE Role / Judging the Profitability of MBS Guarantees December 15, 2017 Paul Muolo Of course, the Trump administration has a history of shooting first and asking questions later…Read More
Stop the Presses: A GSE Bill Passes the House Financial Services Committee but… December 14, 2017 Carisa Chappell The panel approved the bill on a partisan vote of 33 to 27. It was one of 13 bills advanced by the panel…Read More
Short Takes: Keeping Tabs on GSE Dividends / The GOP Tax Plan and DTAs / Good News for ‘Conforming’ Jumbos? / LendingTree Getting Frothy? / First Republic Bank Stands Out in Second Liens December 14, 2017 Brandon Ivey and Paul Muolo The share price of online loan broker LendingTree is looking a bit pricey these days at $337.80 a unit...Read More
MBA Chief Dave Stevens: The GSE Capital Buffer is a Distraction December 14, 2017 Paul Muolo The CHLA repeated its plea that FHFA Director Mel Watt withhold GSE dividend payments to Treasury and allow Fannie and Freddie to build capital…Read More
Short Takes: GSE Dividend Payments: All Systems Go? / Cutting GSE Shareholders out of the Equation? / Wintrust Buying Mortgage Assets from VA Lender / UWM and MC Strike Deal / Chase Exec Bolts for Hamilton December 13, 2017 Paul Muolo In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”Read More
JPM’s New Non-Agency MBS Chock Full of ‘Agency Eligible’ Loans December 12, 2017 Brandon Ivey The conforming mortgages in the deal were largely originated by correspondent lenders…Read More
REITs and Nonprime Lenders Look to Strike ‘Working Relationships’ December 12, 2017 Paul Muolo Mike Fierman, managing partner and co-CEO of the Angel Oak Companies: “I get calls every day” from investment funds.Read More
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