Short Takes: Tariffs and Interest Rates / Figure IPO Could Raise Around $500 Million / Bank Launches Non-QM Offerings in Wholesale Channel / NYMT Rebrands to Adamas Trust September 2, 2025 Brandon Ivey Analysts at Mortgage Capital Trading said the 10-year was up Tuesday due to a court ruling Aug. 29 determining that the Trump administration’s use of emergency powers to implement tariffs was illegal.Read More
Banks Increase Ginnie Pass-Through MBS Holdings in 2Q August 29, 2025 John Bancroft Wells Fargo was the top bank investor in Ginnie pass-throughs in the second quarter.Read More
PennyMac Preps Another Jumbo MBS for 2025 August 29, 2025 James Dohnert This is PennyMac's second prime jumbo MBS of 2025.Read More
Short Takes: Second Criminal Referral Against Fed's Cook / Investors Buy Close to One-Third of Homes / Transunion Data Breach Exposes Millions of Customers' Data August 29, 2025 James Dohnert FHFA Director Bill Pulte announced on X that there's a new allegation of mortgage fraud against Federal Reserve Governor Lisa Cook.Read More
Knock Issues Inaugural Securitization August 26, 2025 James Dohnert Knock has issued a $100 million bond backed exclusively by bridge loan products.Read More
Rocket Upsizes Securitization of Closed-End Seconds August 22, 2025 Brandon Ivey The deal size increased by nearly 30% compared with Rocket's initial plans.Read More
Some Anxiety in Secondary Market on Potential GSE Reform August 22, 2025 Dennis Hollier Libby Cantrill, a managing director and head of public policy at PIMCO, warned that the administration’s concept is beset with problems.Read More
Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change August 22, 2025 Brandon Ivey Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.Read More
GSE Securitization Down in July as Refi Deliveries Slow August 21, 2025 Dennis Hollier Refi deliveries declined by 22.4% from June.Read More
Two Harbors Settles With Former External Manager of REIT August 21, 2025 Brandon Ivey The issue dates to 2020, when Two Harbors moved to terminate its management agreement with Pine River Capital Management for cause.Read More