Ginnie MBS Declines Slow in January February 14, 2023 Brandon Ivey Ginnie issued around $27.10 billion in MBS with single-family mortgages in January, a 5.7% decline from December and notably smaller than that month's decline of 14.2%.Read More
HomeLend, New Non-QM Conduit, Courting Foreign Investment February 14, 2023 Paul Muolo The new firm, based out of New York, matches investors and lenders and wants to enter the securitization space this year.Read More
GSE CRT Issuance Ends 2022 with a Thud February 13, 2023 Dennis Hollier Neither Fannie Mae nor Freddie Mac issued a traditional credit-risk sharing transaction in the fourth quarter.Read More
Large Amount of Non-QMs ‘Stuck’ on Warehouse Lines February 13, 2023 Paul Muolo and Brandon Ivey Upwards of $1.0 billion of non-QMs are sitting on warehouse lines that would have typically been sold months ago, according to one estimate.Read More
Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up February 10, 2023 John Bancroft Lodging was the only major property type to get traction in the fourth quarter.Read More
Two Harbors Takes Loss in 4Q22 Amid Agency MBS Volatility February 9, 2023 Brandon Ivey The REIT invests in both agency MBS and mortgage servicing rights.Read More
GSE Deliveries Suffer in January, Refis at 11-Year Low February 8, 2023 Dennis Hollier Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.Read More
MFA Stocks MBS with Cash-Out Refi IPLs February 7, 2023 Brandon Ivey The DSCR loans have an average interest rate of 7.0%.Read More
Freddie QC Chief: Mortgage Defect Rates Remain Elevated February 6, 2023 Dennis Hollier The Fannie official began his presentation with the top 10 defects discovered by his QC team...Read More
The Slump Persists: MBS Issuance Down Again in January February 3, 2023 John Bancroft Ginnie, by the way, ranked as the top agency MBS issuer for the fifth straight month.Read More