Short Takes: Fed Sheds No Light on Taper / Freddie Clarifies Policy on Group Homes / Rams Mortgage Capital Selling Ginnie EBO Mortgages September 23, 2021 Dennis Hollier
SFA Pushes for New Standards on Non-QMs September 22, 2021 Brandon Ivey SFA CEO Michael Bright says industry needs a standards-setting organization to build non-agency MBS market.Read More
AmWest to Issue its Own Non-Agency MBS September 21, 2021 Brandon Ivey Between the start of 2020 and the end of June 2021, AmWest ranked third among contributors to expanded-credit MBS.Read More
Freddie Mac More than Doubles the Cap on its STACR Repurchases September 21, 2021 Brandon Ivey The GSE boosted the tender cap from $650 million to $1.63 billion.Read More
Short Takes: Freddie Details Appraisal Bias / Results from Genworth’s IPO / Rocket’s Debt Offering / FoA’s MBS September 21, 2021 Brandon Ivey Freddie Mac's analysis on appraisal bias was based on 12 million appraisals spanning 2015 through 2020.Read More
GSE-Eligible Loans Major Source of Volume in Non-Agency MBS September 20, 2021 John Bancroft Some $20 billion of GSE-eligible mortgages are on track to flow into non-agency MBS this year.Read More
CoreVest to Issue its First Securitization of Bridge Loans September 20, 2021 Brandon Ivey Redwood could generate an ROE approaching 30% from the securitization.Read More
Rocket Launches Large Jumbo MBS September 20, 2021 Brandon Ivey The nearly $1.0 billion issuance is one of the largest from a nonbank post 2010.Read More
Flagstar Quickly Offers Another IPL Non-Agency MBS September 20, 2021 Brandon Ivey Mere days after offering a non-agency MBS with GSE-eligible mortgage for investment properties, Flagstar Bank started marketing a second, similar deal.Read More
FHFA Proposal Could Revitalize GSE CRT Deals September 17, 2021 Brandon Ivey The alterations unveiled by the Federal Housing Finance Agency touch on the prescribed leverage buffer and the capital treatment of CRT transactions.Read More
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