MFA will retain at least 5% of the non-agency MBS to meet risk-retention requirements.

However, one investment banker said he believes the SPAC/IPO — announced in May of this year — could very well come off. “Some investors have already lined up to buy shares … They could just force this thing through.”

The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.

Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...

Another M&A deal for publicly traded REIT New Residential...

Scott Olson, executive director of the Community Home Lenders Association, suggested FHA take a second look at the changes...

AAG was the largest home equity conversion mortgage lender in the first-half of 2021, with $2.59 billion of production.

Some $32.26 billion of securities backed by non-agency mortgages were issued in the third quarter.

We all remember what happened in 2007 when home prices collapsed and all that equity vanished...

The concerns, voiced by Granovskaya and other participants at the event, are tied to an expected decline in the supply of loans for non-agency MBS.