Agencies Took Larger Share of 1-4 Mortgage Debt in 2021 March 24, 2022 John Bancroft Freddie posted the bigger gain of the two with a hefty 18.5% surge in single-family MBS outstanding...Read More
A New Non-QM MBS Issuer Appears on the Horizon March 23, 2022 Brandon Ivey Marathon Asset Management provided Long Run Partners with start-up capital...Read More
Wither the Ginnie EBO Market? Not Quite March 23, 2022 Paul Muolo A few days earlier, Mortgage Industry Advisory Corp. unveiled a Ginnie EBO package with $1.11 billion of product.Read More
Non-Agency MBS With GSE-Eligible IPLs Still Under Pressure March 22, 2022 Brandon Ivey Whole loan investors are being very careful about what they're willing to pay...Read More
Residential MBS Market Grew Significantly in 2021. As for the Fed... March 18, 2022 John Bancroft The Fed reported $402.67 billion of non-agency MBS outstanding at the end of the fourth quarter, a modest 0.9% nudge up from September...Read More
A Huge Non-QM MBS From ICP March 17, 2022 Brandon Ivey In general, non-QM lenders are expecting strong originations in 2022 but...Read More
Lower Profits for Angel Oak's REIT. Reason: Higher Rates March 16, 2022 Brandon Ivey For the full year, the REIT's profit totaled $21.1 million. Its assets increased to $2.57 billion at Dec. 31, compared to just $509.6 million at yearend 2020.Read More
Secondary Market Demand In Flux for Non-QMs March 15, 2022 Brandon Ivey and Paul Muolo What caused the recent glut in non-QM paper? Supply and demand...Read More
GSE CRT Issuance Drops in 2021 Despite Fannie’s Return March 15, 2022 Dennis Hollier Except for a $1.70 billion lender risk deal with PennyMac in the fourth quarter of 2020, Fannie had no CRT activity until October 2021.Read More
Increase in Mortgage Limits Impacts GSE Seller Volume March 14, 2022 Dennis Hollier The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...Read More
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