Short Takes: Altisource Shifts From Mortgages to EV Tech / Applications Down Slightly / Farmer Mac Sees Strong Demand / HUD’s Vacant Lot Sale April 3, 2024 Brandon Ivey Altisource Asset Management is working on a control system that increases the efficiency of electric vehicles.Read More
Mortgage REIT to Drop Mortgages and REIT Status April 2, 2024 James Dohnert Ellington Residential Mortgage REIT will rename and shift focus to investing in collateralized loan obligations.Read More
Mixed Trends in Latest Non-Agency MBS April 2, 2024 Brandon Ivey Angel Oak Companies, Lone Star Funds and Redwood Trust kicked off the second quarter of 2024 with new non-agency MBS offerings.Read More
FHFA Conducting Targeted Exams of Nonbanks March 29, 2024 Brandon Ivey Between October 2021 and August 2023, 21 exams were conducted.Read More
Subtle Shifts in Securitization Rate as Lending Declines March 29, 2024 Brandon Ivey The securitization rate for residential mortgages was 72.1% in 2023.Read More
Rithm Capital Preps RTL Securitization March 28, 2024 James Dohnert The deal received a preliminary A rating from Morningstar.Read More
Fed’s Losses on MBS Holdings Decline in 2023 March 27, 2024 Brandon Ivey In 2023, the Fed realized a loss of $56 million on its agency MBS holdings.Read More
Banks Add to MBS and ABS Trading Accounts March 26, 2024 John Bancroft The industry’s aggregate trading-account portfolio, which is measured in fair value, has been growing since the start of 2022.Read More
Chase Teams With Visio on IPL MBS March 26, 2024 Brandon Ivey Visio Financial Services originated 56.2% of the loans in the $324.1 million investment property MBS.Read More
Short Takes: Home Prices Decline / Sales of New Homes Slow / Renting Cheaper Than Buying / Non-QM Delinquencies Increasing March 26, 2024 Brandon Ivey The monthly decline in home prices in January was the first decline since August 2022.Read More
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