Nonbank Lender Stocks Non-Agency MBS With GSE-Eligible Loans December 7, 2023 Brandon Ivey The $576.2 million non-agency MBS is the first from CalCon Mutual Mortgage.Read More
Fitch Leads MBS Ratings, a Close Second in ABS December 7, 2023 John Bancroft Fitch rated $31.89 billion of non-agency MBS through the first nine months of 2023, which equaled 74.6% of total rated non-agency MBS issuance.Read More
Dimon: Regulators Unaware of Impact of Capital Proposal December 6, 2023 Brandon Ivey Jamie Dimon, chairman and CEO of JPMorgan Chase, raised concerns about a capital requirement proposal at a hearing in Congress Wednesday.Read More
Short Takes: Application Trends / Lumber Costs and Buydowns / Discounted Rates at KeyBank / PennyMac’s Debt Issuance / REIT Merger Finalized December 6, 2023 Brandon Ivey and Paul Muolo Refi applications are up on an annual basis while purchase-mortgage demand lags.Read More
REIT MBS Investments Up Almost 19% From a Year Ago December 4, 2023 John Bancroft AGNC posted a hefty 19.4% increase in its agency MBS portfolio...Read More
In a Quiet RMBS Market, PIMCO Launches a New Security December 4, 2023 Paul Muolo PIMCO was once an investor in Acra’s predecessor company, Citadel Servicing...Read More
Signs of Stability in Commercial MBS Market December 1, 2023 Dennis Hollier Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.Read More
Short Takes: Improving Outlook for Private MIs / PacWest Merges With Banc of California / Buyback on 1997 Mortgage / A Low for Home Sales December 1, 2023 Brandon Ivey and John Bancroft Fitch adjusted its outlook for the mortgage insurance industry from “deteriorating” to “neutral.”Read More
Annaly to End Lull in Expanded-Credit MBS Issuance November 29, 2023 James Dohnert Annaly's $389.5 million expanded-credit mortgage-backed security ends a two-week period between expanded-credit MBS offerings.Read More
SEC Issues Final Rule Prohibiting Conflicts of Interest in Securitizations November 28, 2023 Brandon Ivey The rule aims to prevent issues involving securitization seen in the run-up to the financial crisis of 2008.Read More