Poised for Non-Agency Growth: CDFIs November 14, 2022 Monica Hogan CDFIs have been granted exemptions from the CFPB's ability-to-repay rule...Read More
CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline November 11, 2022 John Bancroft The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.Read More
Fannie/Freddie CRT Issuance Plummets in 3Q22 November 9, 2022 Dennis Hollier The 58.2% sequential decline in aggregate CRT issuance was the sharpest decline since the start of the pandemic...Read More
Angel Oak REIT Posts a $83M Loss for 3Q, Cites Negative Asset Marks November 8, 2022 Paul Muolo AOM purchased $62.4 million of non-QMs with a weighted average coupon of 7.1% in the third quarter...Read More
Agency MBS Issuance Still Searching for a Bottom, October Volume Down 19% November 4, 2022 John Bancroft The top agency issuers in October: UWM, PennyMac and Rocket Mortgage...Read More
A Profit for Ocwen (Thanks to MSRs), A Plan to Meet GNMA's RBC November 3, 2022 Paul Muolo Ocwen's shares are trading at a 43% discount to book value.Read More
Increasingly, Fannie and Freddie are Sticking to Core Activities November 1, 2022 Brandon Ivey Noncore business at the GSEs is declining due to both diminished demand and a change in pricing policies made by the FHFA...Read More
Expanded-Credit MBS Issuance Off by Almost 20% October 31, 2022 Brandon Ivey Angel Oak ranked second with EC MBS issuance of $579.6 million...Read More
CLO Issuance Sinks Again in 3Q22 as Refi Deals Vanish October 31, 2022 John Bancroft Palmer Square Capital Management was the top issuer of BSL deals in the third quarter with $2.40 billion...Read More
Redwood Limiting Acquisitions of Jumbo Mortgages October 28, 2022 Brandon Ivey Redwood's jumbo business operated at near a break-even level in the third quarter, though there wasn't much business to speak of.Read More
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