Expanded-Credit MBS Issuance Rebounds in First Quarter April 26, 2023 James Dohnert Invictus Capital Partners was the top issuer of expanded-credit MBS in the first quarter of 2023.Read More
Big Banks Not Too Concerned About Depressed MBS Values April 25, 2023 Brandon Ivey Distressed sales of MBS helped to bring down Silicon Valley Bank.Read More
Short Takes: Deposits Flee First Republic / Expanded-Credit MBS from Barclays / New Fannie CRT / Home Improvement Securitization April 25, 2023 Brandon Ivey First Republic is altering its originate-to-hold strategy as deposits shrink.Read More
Mixed Trends in Deliveries to GSEs in First Quarter April 21, 2023 Dennis Hollier Volume declined on a sequential basis in the first quarter, while deliveries picked up in March compared with February.Read More
Morgan Stanley Tries Again with Jumbo MBS April 21, 2023 Brandon Ivey Morgan Stanley initially started marketing the jumbo MBS just before the failure of two regional banks in March.Read More
Mortgage Securitization Rate Declines in 2022 April 21, 2023 John Bancroft A larger portion of GSE-eligible mortgages didn't make it into MBS in 2022.Read More
A Slight Increase in Share for Private MIs in First Quarter April 20, 2023 Namrata Bhatia The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.Read More
Short Takes: UWM Working to Reduce Trigger Leads / Chase Brings Jumbo MBS / PIMCO Stocks Older Non-QMs in MBS April 20, 2023 Brandon Ivey Brokers working with UWM can now decide when they want to pull the hard credit report...Read More
Expanded-Credit MBS Issuance Ramping Up April 19, 2023 James Dohnert Annaly Capital Management, A&D Mortgage and Lone Star Funds started marketing expanded-credit MBS this week.Read More
GSEs Find Faults in SEC’s Conflict-of-Interest Proposal April 19, 2023 Dennis Hollier A proposed rule from the SEC could prohibit CRT issuance by the GSEs after Fannie and Freddie exit conservatorship.Read More