Angel Oak’s REIT Could Raise Close to $200 Million with IPO June 9, 2021 Brandon Ivey After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...Read More
Flagstar Boosting its Prime Non-Agency MBS Issuance June 8, 2021 Brandon Ivey The collateral was originated by Flagstar and has seasoned for roughly two months.Read More
Ginnie Mae Market Sags in May as Refinance Drops Sharply June 8, 2021 John Bancroft A slowdown in refinance activity was responsible for the May swoon.Read More
A&D Mortgage, PIMCO Ready Non-QM MBS Deals June 7, 2021 Brandon Ivey A&D's MBS is stocked with new production while PIMCO is tapping mortgages originated by Citadel Servicing Corp. nearly four years ago.Read More
Agency Single-Family Business Tumbles in May June 4, 2021 John Bancroft With mortgage rates climbing for most of the year, a pullback in refinance activity was expected.Read More
Issuance of MBS with Newer Non-QMs Inches Northward June 4, 2021 Brandon Ivey Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...Read More
Short Takes: Forbearance Declines / GSEs Extend Multifamily Forbearance / Jumbo MBS from AIG / New Chair of MFA’s Board June 4, 2021 Brandon Ivey While forbearance readings gradually head down, some 4.0% of mortgages outstanding are still in the loss mitigation status.Read More
Ellington Stocks Latest MBS with a Mix of Non-QMs June 3, 2021 Brandon Ivey Roughly one-third of mortgages have seasoned for more than two years and were called from previously issued MBS.Read More
'Traditional' GSE Mortgages Serve as Collateral for Provident's Non-Agency MBS June 2, 2021 Brandon Ivey Fun fact: Close to 50% of mortgages in the deal received waivers from the GSEs for traditional appraisals.Read More
Citadel Founder Returns to the Secondary Market June 2, 2021 Paul Muolo Perl is looking to hire a chief financial officer...Read More
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