Insurance companies and European investors have shown a growing interest in MBS backed by expanded-credit mortgages. However, there is not enough supply to meet demand.
Ed DeMarco, the former acting director of the FHFA, was among a handful of panelists at the SFVegas conference this week who called for more standardization in the non-agency MBS market.
Home equity investments have seen considerable homeowner interest due to high interest rates, but industry participants said more investor support is needed to meet homeowner demand.
Despite growing delinquencies, Morningstar DBRS has provided a stable outlook for the securitization markets involving non-QM loans and HEI agreements.