The Slump Persists: MBS Issuance Down Again in January February 3, 2023 John Bancroft Ginnie, by the way, ranked as the top agency MBS issuer for the fifth straight month.Read More
Angel Oak REIT Participates in Non-QM MBS, Reduces Warehouse Debt February 1, 2023 Paul Muolo The loans backing the deal have average seasoning of 12 months.Read More
AGNC Turns a Profit in Final Quarter of Tough Year January 31, 2023 Brandon Ivey The profit generated in the fourth quarter wasn't nearly enough to offset losses from earlier in the year...Read More
A Good Year for Ginnie, With Net Profits Just Shy of $1.5 Billion January 31, 2023 Brandon Ivey Mortgage firms issued $649.5 billion of Ginnie MBS in fiscal 2022, down 30.5% on an annual basis.Read More
Investment Properties Dominate 4Q EC MBS Issuance January 30, 2023 Brandon Ivey Bottom line: Investment-property loans were a bright spot, accounting for nearly 60% of expanded-credit MBS...Read More
Reduced Opportunities in Ginnie EBOs January 30, 2023 Paul Muolo Aided by cheap money and ultra-low mortgage rates, Ginnie EBOs could pad quarterly earnings...Read More
FHFA Slashes Commingling Fee but Is It Enough? January 27, 2023 Dennis Hollier Some analysts wonder if the fee cut is sufficient enough to drive the GSEs to resume issuing MBS with commingled collateral.Read More
A Non-QM Deal With a WAC of Close to 9% January 26, 2023 Paul Muolo Given the yield on the security, the offering should be well received.Read More
Agency Delinquencies Begin to Head North January 24, 2023 Brandon Ivey Much of the increase in the fourth quarter was tied to newly-delinquent loans...Read More
Freedom Financial Ready to Market Another HELOC Securitization January 24, 2023 Brandon Ivey Freedom Financial issued a similar HELOC deal in November.Read More
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