Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.

Banks may have ceded the origination business to nondepositories, but they sure love the end product: MBS.

At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...

No gas left in the mortgage IPO tank? Think again.

GSE regulator Sandra Thompson: “FHFA has nothing against big players, but their size means that they don’t have to worry about accessing the capital markets. Small lenders, on the other hand, may be able to leverage local knowledge to best serve their communities.”

Overall, the top seller was American Financial Network, with $11.94 billion...

United Wholesale plans to issue MBS that include prime non-agency jumbos...

On the rise: cash-window purchases...

Morgan Stanley resumed issuing prime non-agency MBS in December 2020 after years away from the market.

Refinance and restructuring of previously issued deals accounted for 62.8% of first-quarter CLO and CDO issuance. A total of $47.94 billion of such deals hit the market...