Redwood Incorporating Blockchain in Its Non-Agency MBS September 15, 2021 Brandon Ivey While the use of blockchain in a prime non-agency MBS is a first, rating services were unmoved by the technology.Read More
Ginnie MBS Issuance Down in Most Categories in August September 14, 2021 John Bancroft Production was down for both purchase and refinance loans.Read More
Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae September 14, 2021 Monica Hogan Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.Read More
Verus Ends Lull in Expanded-Credit MBS Issuance September 14, 2021 Brandon Ivey It's been two weeks since an expanded-credit MBS hit the market...Read More
Freddie Mac Blows Past Fannie as MBS Market Rebounds in August September 10, 2021 John Bancroft It doesn’t happen often, but Freddie ranked as the top agency MBS issuer last month...Read More
Separate Organizations Working to Revise Non-Agency MBS Dataset September 8, 2021 Brandon Ivey The dataset was developed in 2009 by the American Securitization Forum, which is now defunct.Read More
GSE Seller Buybacks Climb Toward Seven-Year High in 2021 September 7, 2021 John Bancroft And while repurchase activity still represents a small portion of Fannie and Freddie business, 2021 is shaping up as the biggest year for seller buybacks since 2014.Read More
Credit Suisse Readies Unique Non-QM Warehouse Funding Securitization September 3, 2021 Brandon Ivey The deal marks the first warehouse financing securitization to include non-QMs as eligible collateral.Read More
Banks Pad ABS Holdings in 2Q21, Favor Consumer Deals September 3, 2021 John Bancroft Most of the gain came from three top institutions and in one specific category: ABS backed by consumer loans...Read More
Investment-Property Loans Dominate Non-Agency MBS Issuance September 2, 2021 Paul Muolo Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...Read More