Maxex Raises Capital as Market Volatility Persists June 26, 2023 James Dohnert Maxex has a network of 350 bank and nonbank originators...Read More
1Q Fun Fact: MBS/ABS Pile Up in Bank Trading Accounts June 26, 2023 John Bancroft JPMorgan led the pack with $75.3 billion of agency MBS held in its trading account at March 31...Read More
SEC Open to Walking Back Some Provisions in Conflicts Proposal June 23, 2023 Brandon Ivey The SEC is still working to establish a rule required by the Dodd-Frank Act to address conflicts of interest in the securitization market.Read More
Short Takes: A Rare Jumbo MBS / Data Standardization / Delinquencies Decline / Home Price Outlook June 23, 2023 Brandon Ivey Only two jumbo MBS hit the market in a 30-day span. Both were from Chase...Read More
Chase Aggregates HELOCs From Nonbanks for Securitization June 22, 2023 Brandon Ivey HELOCs originated by United Wholesale Mortgage, loanDepot and others are going into a securitization from Chase.Read More
FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
Short Takes: MSR Offerings / Support for New ‘Trigger Lead’ Bill / Housing Inventory Hits Record Low / CRT From Freddie June 21, 2023 Paul Muolo and Brandon Ivey Plenty of MSRs available for sale.Read More
Money Managers Add MBS to Portfolios June 20, 2023 John Bancroft Money-market funds and other investors helped to fill some of the void in the MBS market as the Fed and banks reduced their holdings in the first quarter.Read More
Change Seeing Success with Non-QM Program June 20, 2023 James Dohnert Change recently issued its first expanded-credit MBS to receive a AAA rating.Read More
Short Takes: Figure Expands to Wholesale / MPF Activity / Leadership Transition at Truist / New CFO at Cenlar June 20, 2023 Brandon Ivey Figure is now offering HELOCs through the wholesale channel.Read More