FDIC to Sell MBS Holdings of Failed Banks April 6, 2023 Brandon Ivey The FDIC plans to sell $114 billion of MBS held by Silicon Valley Bank and Signature Bank.Read More
Mortgage Sales by Banks Outpace Production April 5, 2023 Brandon Ivey Originations of mortgages that banks intend to sell decreased more quickly than loan sales by banks in the fourth quarter of 2022.Read More
Dimon Critical of Mortgage Regulations for Banks April 4, 2023 Brandon Ivey Chase is "hanging on" and hoping for change in the mortgage market, according to Jamie Dimon.Read More
Short Takes: CFPB Appeals Townstone Case / FDIC to Sell Signature’s Loans / Synthetic LIBOR Planned April 4, 2023 Brandon Ivey NCRC applauded the CFPB's decision to appeal a ruling in a redlining case.Read More
Fannie/Freddie Mandated Repurchases Ease April 3, 2023 John Bancroft It stands to reason that the largest originators get hit with the highest volume of repurchase requests from the GSEs...Read More
Interest Rate Risk and the Recent Bank Failures... April 3, 2023 Brandon Ivey Risk analysis should quantify projected profits and losses on MBS and mortgages across a range of rate movements.Read More
Chimera Readies New DSCR Security March 31, 2023 Paul Muolo A large chunk of the loans were funded by Kiavi Funding and Lendmarq...Read More
Figure Readies MBS Backed by Nonbank-Originated HELOCs March 29, 2023 Brandon Ivey It's the first HELOC securitization from Figure to receive a credit rating.Read More
On Ginnie’s Wish List: Getting More Banks Involved March 29, 2023 Monica Hogan McCargo also suggested the FHLBs could help bring more stability to the Ginnie system...Read More
MBA Raises Concerns About SEC Proposal on Securitization March 28, 2023 Brandon Ivey The Dodd-Frank Act directed the SEC to write a rule addressing conflicts of interest in securitization.Read More
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