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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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New Platform for Quick Loan Sales by Banks

January 19, 2024
James Dohnert
Clark Street Capital's Accelerated Bank Asset Network can help facilitate loan sales by banks in as little as two weeks.
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Short Takes: loanDepot Brings Systems Online / New Downpayment Assistance Programs / Flurry of Non-Agency MBS

January 19, 2024
Brandon Ivey
Many of loanDepot's consumer-facing websites went back online Thursday.
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Morgan Stanley Readies Jumbo MBS

January 18, 2024
Brandon Ivey
It's only the second jumbo MBS in the market thus far in January.
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Sales to GSEs Fall Off in 2023, UWM Remains Leader

January 17, 2024
Dennis Hollier
The dollar volume of mortgages going to Fannie Mae and Freddie Mac declined by 47.3% compared with 2022.
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Short Takes: Purchase-Mortgage Demand Lagging / Few Losses on Nonprime MBS / Broker Advocacy Group Goes Independent / New CEO at Ranieri Solutions

January 17, 2024
Brandon Ivey
Applications for purchase mortgages in early January were down 20% on an annual basis.
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Non-Agency MBS Issuance Down 41% in 2023

January 16, 2024
John Bancroft
Volume was down on an annual basis across prime, subprime, Alt A and scratch-and-dent deals.
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Short Takes: Ginnie Considers New HECM MBS Product / Agreement in Congress on LIHTC / First American to Take a Hit / New Leader at NAAHL

January 16, 2024
Brandon Ivey
The new Ginnie product would relieve pressure for reverse mortgage lenders.
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Lakeview/Bayview Climbs to Top of Agency Servicers

January 12, 2024
John Bancroft
Lakeview handled $644.49 billion in agency servicing as of the end of 2023.
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loanDepot Inks Large Repo Deal Backed by MSRs

January 12, 2024
Paul Muolo
The $500 million repo line, with Goldman Sachs acting as administrative agent and one of the lenders, replaces an earlier repo facility.
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Large Securitization of Second Liens From Cerberus Affiliate

January 11, 2024
Brandon Ivey
The $455.6 million securitization of closed-end second liens is the largest securitization of newly-originated closed-end second liens seen in recent years.
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