Change to Mortgage Interest Deduction Could Prompt Some Borrowers to Shift from Home-Equity Loans to Cash-Out Refis January 11, 2018 Borrowers looking to convert home equity into cash could lean toward cash-out refinances rather than home-equity loans due to changes in the newly enacted tax bill.Read More
What We're Hearing: And Now for a Word About Dow 25,000 / A 2 Percent FRM, Finally? / A Former Fannie Mae CEO and the U.S. Budget / Citadel CEO Perl Bullish on Non-QM / Hensarling Headed to Wall Street? January 5, 2018 Paul Muolo What's next for Jeb Hensarling? FHFA or Wall Street?Read More
Gundlach’s DoubleLine Ready to Take the Nonprime Plunge? January 5, 2018 Brandon Ivey Officials at DoubleLine wouldn’t comment…Read More
Redwood Set to Issue First Prime Jumbo MBS Deal of the Year January 4, 2018 Brandon Ivey Clayton reviewed 481 mortgages that are slated for securitization…Read More
Angel Oak Raises Almost $300 Million for Non-QM Investments January 4, 2018 Paul Muolo Angel Oak has securitized $850 million of non-QM loans since 2015.Read More
Prime Non-Agency MBS Could Boom This Year January 3, 2018 Brandon Ivey Although a final tally has yet to be issued, volume for the year could total nearly $9.3 billion…Read More
New Wholesale Non-QM Lender Altloan Promises to be a ‘Disruptor’ January 2, 2018 Brandon Ivey Looks like Angel Oak, Caliber and Citadel Servicing Corp. are about to get some competition in the non-QM sector…Read More
The Story (So Far) on Non-QM MBS: Few Losses, Some Delinquencies; Investors Pleased… December 29, 2017 Brandon Ivey A $150.4 million deal from Angel Oak Capital Advisors issued in December 2015 had a cumulative net loss of just 0.02 percent…Read More
A Gain for Correspondents in Jumbo Market Share December 29, 2017 Brandon Ivey Wells Fargo and JPMorgan Chase are the two dominant lenders in the jumbo market but their channel preferences have diverged over the past year…Read More
What We’re Hearing: The Biggest Story of 2018? Fannie and Freddie, Of Course / An M&A Boom? / Good Luck Mr. Corso / Penny Spends Dollars to Buyback Common / A Very Short Publishing Break December 29, 2017 Paul Muolo We get the sense that merger and acquisition activity could be fierce as profit margins tighten... Read More
RSS