Non-qualified mortgage loans and home equity products are gaining interest from investors, driving securitization up.

Saluda Grade has appointed a new co-chief investment officer to navigate its expansion into new investments in non-residential assets.

The overall levels of delinquencies, though, vary on a nominal and age-equivalent basis.

Investors are showing strong demand for non-agency MBS, leaving leaders of issuers optimistic.

Recent cases involving subprime auto lender Tricolor and auto parts manufacturer First Brands prompted the initiative.

Pending proposals from the Fed would impact MBS market; Moody’s looks to rate securitizations of home equity loans.

Lower interest rates and potential policy changes are expected to help drive an increase in prepayment activity this year.

A change in how MBS deals are rated led to more than 1,000 upgrades for tranches of deals backed by HELs and seasoned mortgages.

SFA’s new director of advocacy comes from CSBS; Ginnie adjusts platinum MBS pooling; earnings per share at Orchid Island Capital up in fourth quarter; Setpoint to acquire due diligence provider.

Fitch held on to the top ranking in ABS ratings through the first nine months of 2025. Kroll stretched its lead in RMBS ratings.