Growth in securitizations of home equity loans slowed in the third quarter from an exponential pace earlier in the year. Still, issuance was up, with Rocket leading the way. (Includes two data tables.)

Acra Lending is just one of many businesses that are controlled by New York investment giant HPS. But now that BlackRock is buying HPS, what might the future hold for the non-QM lender/servicer?

Delinquencies have hampered performance in newer vintage prime non-agency MBS.

ABS receive no-action relief on Rule 15c2-11 reporting; Ellington Management Group to securitize closed-end second liens.

Radian’s foray into the securitization business is more than just a passing fancy. The mortgage insurance company is considering branching out beyond prime jumbos.

The student loan ABS trusts and two industry trade groups have filed separate petitions asking the Supreme Court to review the case.

MBS investors have largely been unscathed from rising delinquencies on non-QMs thanks to cures and structural protections. 

Valverde leaving Ginnie; Cherry Hill ditches Middleman; mortgage rate futures planned; strong master servicer ranking for Computershare; new ETF with MBS; SFA appoints new global head of advocacy.

October was the busiest month of the year for non-agency MBS issuance. Activity has been limited thus far in November, though there are plenty of deals in the pipeline.

Plenty of non-QMs are for sale as the year draws to a close, including a $211 million package of mortgages with an average yield of 8.024%.