Fannie Mae and Freddie Mac acquired $2.83 billion of reinsurance coverage through the first six months of the year, down 29.9% from the same period in 2018.

In the second quarter, loans produced by Quicken were included in MBS issued by Annaly Capital Management, JPMorgan Chase and Redwood Trust.

Impac Mortgage Holdings, a publicly traded nonbank, is providing the underlying collateral for the deal...

Besides IMA, two other servicing brokerage firms are active in the space as well: MIAC Capital Markets Group, New York, and Situs AMC, Denver.

Annaly Capital Management led the pack in sequential MBS growth at 14.5%...

Credit Suisse is entering the non-QM MBS market, sourcing loans from a lender that previously contributed to deals from Western Asset Management Company.

Fitch: “As long as Fannie and Freddie remain in conservatorship and continue to be supported by the substantial funding under the PSPA, their ratings will continue to be linked to the U.S. sovereign rating."

There’s also a lag time involved. A deal might be signed and completed but the MSR portfolios might not actually transfer to the new owner for several months.

New Rez’s investment bankers on the preferred stock offering include Bank of America, JPMorgan, KBR and others…

First Republic Bank is the top contributor to the MBS, with a 27.1% deal share. Other lenders with mortgages in the MBS include Banc of California, loanDepot and Nationwide Bank. The loans have seasoned for an average of 18.7 months.