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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Short Takes: FHFA Sets the ‘Deliverables’ / The Value of the Contract? / The Waiting is the Hard Part (Montgomery Nomination) / High Marks / Non-QM Lender Declares a Dividend

October 8, 2019
Paul Muolo and George Brooks

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…


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Retail Channel Gains Market Share in the Agency Category

October 8, 2019
John Bancroft

The gain in retail market share came at the expense of both correspondent and wholesale-broker originations.


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California Nonbank Readies HELOC-backed Security Using Blockchain

October 7, 2019
Brandon Ivey

Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi…


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Booming GSE Market More Fragmented in 3Q19

October 7, 2019
John Bancroft

Small and mid-sized mortgage bankers saw a 65.7% jump in GSE loan sales, pushing their share of the market 2.1 percentage points higher…


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Starwood Stocks MBS with Non-Agency Investment Properties

October 7, 2019
Brandon Ivey

All of the loans in the MBS were underwritten using debt-service coverage ratios.


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A Thorny Issue Revived: Allowing Nonbanks in the FHLB System

October 4, 2019
Paul Muolo

In the Treasury blueprint, the Trump administration clearly states its position: “Congress should consider permitting additional classes of mortgage lenders to become FHLBank members.”


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RMF to Issue Non-Agency MBS Backed by Newly-Originated Reverse Mortgages

October 4, 2019
Brandon Ivey

The MBS from Reverse Mortgage Funding will be the first post-crisis deal backed by newly-originated proprietary reverse mortgages.


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Quicken Affiliate to Issue its First Non-Agency MBS

October 3, 2019
Brandon Ivey

In recent years, mortgages funded by Quicken have been included in prime non-agency MBS issued by others, but this is the first deal backed solely by loans originated by Quicken and serviced by the firm.


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Spurred by Refis, Agency MBS Issuance Climbs to 11-Year High

October 3, 2019
John Bancroft

The biggest growth in the agency mortgage market during the third quarter of 2019 came from increases in refinance lending…

 


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Another Big Month for Ginnie MBS Issuance

October 2, 2019
John Bancroft

Ginnie Mae MBS issuance totaled $50.4 billion in August, the best monthly reading of the year…


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Latest Imf News

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