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Angel Oak’s REIT Looking to Recover from Non-QM Volatility

March 9, 2023
Brandon Ivey
The REIT stopped acquiring non-QMs during the fourth quarter but is now preparing to resume acquisitions.
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Angel Oak Preps MBS Backed by 5.2% (Older) Non-QMs

March 7, 2023
Brandon Ivey
The loans backing the deal have seasoned for an average of 15.5 months...
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Black Knight, In Bid for Merger Approval, Agrees to Divest Certain Businesses

March 7, 2023
Sam Manas
CHLA said it sees no movement on some of the key consumer issues of the deal...
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Goldman Readies Non-QM MBS with Loans from CrossCountry

March 3, 2023
Brandon Ivey
Goldman has only issued a handful of expanded-credit MBS, the most recent coming about a year ago.
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Commingle Activity Remains Limited in Second-Level MBS from GSEs

March 2, 2023
John Bancroft
FHFA's plans to reduce the fee on commingled securities from the GSEs followed another quarter with limited commingling.
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Ginnie Promotes Valverde, Seeks New COO

March 2, 2023
Monica Hogan
Ginnie promoted Sam Valverde to principal executive vice president and is seeking a new executive vice president and chief operating officer to replace him.
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Few Signs of Improvements on Profitability for Lenders

March 2, 2023
Paul Muolo
“Profits? What’s that,” one veteran warehouse executive asked, in jest.
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Redwood Stocks Latest MBS with Older Loans, Some Expanded-Prime

March 2, 2023
Brandon Ivey
Redwood's latest MBS includes somewhat older loans and a mix of super-prime mortgages and expanded-prime collateral.
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Short Takes: Fannie’s Appraisal Change / Businesses Seek Intervention by Congress on FTC’s Noncompete Proposal / No Layoffs at UWM / Angel Oak’s REIT Rebrands

March 2, 2023
Brandon Ivey
Fannie Mae is "moving away from implying that an appraisal is a default requirement."
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CFPB Likely to Survive Supreme Court Challenge

March 1, 2023
Brandon Ivey
The CFPB's funding structure may be found to be unconstitutional, but that doesn't mean that the regulator will go away...
Read More
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