Redwood generally prefers to have multiple execution options. The company is considering issuing MBS backed solely by Choice mortgages.

Deutsche noted that after years of a steady broad-based housing market recovery “investors are now facing severe shortages in distressed housing pipelines.”

The size of the pending jumbo deal from JPM has not been disclosed yet, but AMC, Clayton and Opus are working on reviews...

JPMorgan Chase ranked first in the jumbo production with $10.89 billion…

Several trade groups, investors and analysts quickly issued their take on Watt’s comments, but there were some notables missing in action: Pershing Square and Fairholme.

Investors had a strong appetite for new non-agency MBS in the first quarter of 2017, according to issuers. “I am continuously amazed by how quickly we bring a deal out and how quickly the senior bonds gets sold,” Matthew Lambiase, president and CEO of Chimera Investment, said during the real estate investment trust’s earnings call for the first quarter. Chimera issued...

Industry attorneys are warning about a “third wave” of Lehman Brothers Holdings (LBHI) MBS trust claims against mortgage lenders and brokers based on the firm’s latest bankruptcy filing. Attorneys with the firm American Mortgage Law Group said Lehman Brothers for several years has been threatening to file residential MBS trust claims against the mortgage industry to counter trustee claims filed against LBHI in bankruptcy in 2009. The wait is...

Issuance of ABS backed by nonprime personal installment loans is expected to increase, according to S&P Global Ratings. The rating service hasn’t assigned AAA ratings to such ABS, though S&P said it will approach each deal on a case-by-case basis. Between 2013 and 2016, $10.50 billion of ABS backed by branch-based unsecured personal installment loans was issued, according to S&P. The rating service highlighted the sector recently, noting that personal installment loans don’t receive as much attention as marketplace lending, which had $15.10 billion in MBS and ABS issuance between 2013 and 2016. “Branch-based fixed-rate, fixed-term unsecured personal installment loans may not be...

The Lone Star MBS received AAA ratings with credit enhancement of 34.10 percent on the senior tranche.

Originations of non-agency jumbo mortgages in the first quarter of 2017 were down by 29.0 percent from the previous quarter, according to a new ranking and analysis by Inside Nonconforming Markets. A decline in refinance activity contributed to the sharp drop in jumbo funding. An estimated $71.00 billion of non-agency jumbos were originated during the quarter. Not only did volume fall significantly from the fourth quarter of 2016, production was ... [Includes one data chart]