Agency-Eligible IPLs, Loans for Second Homes in Non-Agency MBS February 13, 2024 Brandon Ivey Issuance of non-agency MBS with GSE-eligible mortgages is picking up with new deals from Citi and Morgan Stanley.Read More
Short Takes: NewRez Stands Out Among Servicers / CES Securitizations / MBA Warns on Rent Control / Multifamily Property Insurance Symposium February 13, 2024 Brandon Ivey NewRez received a "star" rating from Fannie Mae for general servicing, solution delivery and timeline management.Read More
Fannie Beats the Odds, Posts an Issuance Gain for January February 12, 2024 John Bancroft Some of Fannie’s lopsided growth may reflect that it took a bigger hit in December...Read More
Annaly Brings Non-Agency MBS With Bank-Originated ARMs February 9, 2024 James Dohnert ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.Read More
Short Takes: Waters Pushes Affordable Housing / Fannie Selling NPLs / Home-Improvement Loan Securitization / CFPB Settles Foreclosure Relief Scam February 9, 2024 Brandon Ivey Rep. Maxine Waters, D-CA, reintroduced a package of bills aimed at affordable housing.Read More
Ginnie MBS Issuance Flat in January February 8, 2024 Brandon Ivey Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.Read More
Annaly Takes Loss in Fourth Quarter February 8, 2024 Brandon Ivey The loss largely looks to be tied to losses on derivatives, which amounted to $2.30 billion in the fourth quarter.Read More
GSE CRT Issuance Limited in 2023 February 7, 2024 Dennis Hollier Issuance in 2022 was helped by lingering loans from the refinance wave while mortgage originations were down sharply in 2023.Read More
Anticipation Grows for End of GSE Conservatorship February 7, 2024 Dennis Hollier The price of preferred shares in Fannie Mae shot up to $4.57 a share in the wake of former President Trump’s victory in the Iowa caucuses.Read More
Short Takes: NewRez Turns to AI / Regulators Seek Comments on Burdens / Velocity Issues New Debt / Setting the Record Straight on CRA February 7, 2024 Brandon Ivey NewRez said AI can analyze customer data and preferences to recommend suitable products.Read More
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