Second Liens from Spring EQ Back New Non-Agency MBS April 27, 2022 Brandon Ivey Saluda Grade has issued a handful of other non-agency MBS backed by second liens...Read More
ABS Starts Strong in Early 2022, Driven by Key Sectors April 22, 2022 John Bancroft The two biggest asset classes in the ABS market – vehicles and business finance — accounted for most of the first-quarter surge.Read More
GSE Investment-Property Volume Holds Up Fairly Well in 1Q22 April 20, 2022 Brandon Ivey Noncore products entail collateral that might be handled by the non-agency market...Read More
MBS Trading Sinks to Yearly Low April 20, 2022 Paul Muolo It’s not just that rates have increased, it’s that it’s happened so rapidly over such a short period of time...Read More
Ginnie Issuance Declines in 1Q22, PennyMac Leads the Pack April 19, 2022 Monica Hogan The three largest Ginnie Mae issuers were PennyMac Financial, Lakeview and Freedom Mortgage...Read More
loanDepot #1 Among Contributors of Loans to Prime Non-Agency MBS April 18, 2022 Brandon Ivey On the other hand, United Wholesale Mortgage, the top contributor to prime non-agency MBS in 2021, avoided the market entirely...Read More
Expanded-Credit Deals Prop Up RMBS Issuance in 1Q22, Prime Jumbo Fades April 15, 2022 John Bancroft Prime non-agency MBS issuance fell 16.3% in the first quarter to $20.87 billion.Read More
Expanded-Credit MBS Market Begins to Stir April 13, 2022 Brandon Ivey Three EC deals hit the market early this week after a nearly two-weeks of silence.Read More
Rate-Lock Woes Hit Non-QM Lenders April 11, 2022 One problem: Non-QM lenders haven't been hedging their pipelines...Read More
Across the Board Pain for Structured Finance in 1Q22 April 11, 2022 John Bancroft The silver lining is that agency purchase-loan business was up 4.0% from the first three months of 2021. That’s a promising sign...Read More