David Rosenblum, a partner in the firm, said Prophet has “an appetite for billions more.”

The nonbank is also working on an IPO...

November issuance was down 0.2% from October mostly because of weakening purchase-mortgage securitization, which fell 5.0% on a monthly basis.

MBA: “Compared to the last two months, more homeowners exiting forbearance are using a modification – a sign that they have not been able to fully get back on their feet, even if they are working again.”

Close to 40% of loans in the MBS have been in forbearance, but with many returning to current status.

Even though Wells shut off its correspondent spigot for jumbos early in 2Q20, $1.88 billion of product came through the channel...

Financial turbulence forced REITs to sell off their MBS holdings in March as the pandemic cratered economies around the world.

Fannie suspended CRT issuance earlier this year when the FHFA proposed new capital requirements for the GSEs. Freddie, though, stayed in...

The FHA/VA market was more subdued, with total conforming-jumbo loans pooled in Ginnie MBS rising 16.7%. The VA program accounted for 83.0% of government-insured jumbo volume, with quarterly securitization up 17.7%.

The decline in first-time buyer share was due in part to a failure of the government-insured sector to keep pace with the conventional market.