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Annaly Leads Expanded-Credit MBS Push With Large Deal

July 11, 2025
Brandon Ivey
Annaly is set to issue a $662.7 million MBS, its 13th expanded-credit deal of the year.
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Short Takes: OCC Head Confirmed / FHA Delays Deadline for Phishing-Resistant Change / Westcor Added to Fannie Title Acceptance Pilot / UWM Invests in Bilt / Panorama Mortgage Group Launches Wholesale Unit

July 11, 2025
Brandon Ivey
Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.
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GSE Purchase-Mortgage Share Drifts to Higher Credit Scores

July 10, 2025
Brandon Ivey
The share of GSE purchase mortgages with credit scores of at least 740 increased from 73.8% in the first quarter of 2025 to 74.6% in the second quarter.
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Prime Non-Agency MBS Issuers Return to the Market

July 10, 2025
Brandon Ivey
PennyMac and Redwood Trust are marketing separate prime non-agency MBS, the first deals in the market since June 24.
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CHLA Seeks Changes to Loan Originator Comp Standards

July 10, 2025
Shannon Clark
Among other changes, CHLA said the CFPB should allow a lender to reduce compensation to its employees for the purpose of being able to match a competing offer for a borrower an LO has been working with.
Read More

Saluda Grade Packages HELOCs in Securitization

July 10, 2025
Brandon Ivey
HomeBridge Financial Services is the largest contributor to the securitization, accounting for 49.9% of the dollar volume.
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Short Takes: FDIC Plans CRA Proposal / Home Sales Expected to Remain Constrained / Agency MBS-Focused REIT Takes Loss in 2Q / Morgan Stanley’s Latest Non-Agency MBS

July 10, 2025
Brandon Ivey
It’s not yet clear what’s in the FDIC's pending CRA proposal or if the other federal banking regulators are planning similar proposals.
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FHFA Allows for ‘Immediate’ Use of VantageScore 4.0 by GSEs

July 9, 2025
Dennis Hollier
The MBA said increased competition in the credit score space could improve competition in the mortgage space “if implemented correctly.”
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Supreme Court Paves Way for Mass Layoffs at Federal Agencies

July 9, 2025
Shannon Clark
Nineteen federal agencies are impacted by the high court's order, including HUD.
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Maryland Bank to Acquire Mortgage Broker Shop

July 9, 2025
Brandon Ivey
The Bank of Glen Burnie will pay $750,000 along with sharing profits for three years and an origination-based add-on.
Read More
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Latest Imf News

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Featured Data

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