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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Short Takes: A ‘Perfect Storm’ Hammered Mortgage Profits / How Bad? Try 2008 / Ocwen Grants CEO Messina Stock Awards / Colony Set to Buy PFB Mortgage / Evolve Hires Former Wells Executive as Mortgage President

April 17, 2019
Paul Muolo

The negative factors include higher rates, lower originations, and rising expenses, resulting in the lowest net production income per loan reading since 2008...


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360 Mortgage Plans Up to $1.0 Billion of No-Income, No-Asset Mortgages

April 17, 2019
Brandon Ivey

360 Mortgage is focusing on non-owner-occupied investment properties, which aren't subject to ability-to-repay requirements...


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The Next Big Question for GSE Watchers: Dividends

April 16, 2019
Paul Muolo

But when to end the dividend payments? June, September? Opinions differ.


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A Weak Start for Ginnie MBS Issuance

April 16, 2019
John Bancroft

Ginnie production hadn’t been that low since the second quarter of 2014...


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Deephaven Preps its Second Nonprime MBS of the Year

April 16, 2019
Brandon Ivey

Some 98 lenders contributed mortgages to the $369.73 million nonprime MBS, though only one was identified by rating services.


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Expanded-Credit MBS Issuance Hits Record in 1Q19

April 15, 2019
Brandon Ivey

Industry analysts expect the mini-boom in non-QM and EC MBS to continue...


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Wells Fargo's First Quarter Results Suggest Mortgage Apps are Now Booming

April 12, 2019
Paul Muolo

Wells' results also suggest that better days are ahead for originators everywhere...


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Annaly Affiliate Set to Issue Expanded Credit MBS

April 12, 2019
Brandon Ivey
Banc of California is the top contributor to a new $388.16 million expanded-credit mortgage-backed security from an affiliate of Annaly Capital Management.
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PIMCO Issuing Non-Agency MBS Backed by Seasoned Mortgages

April 11, 2019
Brandon Ivey
It was rumored that PIMCO was considering issuing non-agency MBS backed by nonprime non-qualified mortgages but loans in the pending deal have seasoned for a number of years and the borrowers have prime credit...
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MetLife to Issue its First Non-Agency MBS Backed by Seasoned Mortgages

April 10, 2019
Brandon Ivey
After yeas of stockpiling whole loans, MetLife is set to issue a non-agency MBS backed by re-performing mortgages.
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Latest Imf News

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