Banks Boost 2Q22 MBS/ABS Held in Trading Accounts October 4, 2022 John Bancroft At midyear, bank holding companies valued their agency MBS held for trading at $219.07 billion...Read More
Angel Oak Gets Line of Credit Extension October 3, 2022 Paul Muolo The facility was negotiated a few days ago through AOMI subsidiary Peachtree Mortgage....Read More
CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit October 3, 2022 Brandon Ivey The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.Read More
Securitization Rates Tumble in Second Quarter September 30, 2022 John Bancroft Even with less competition from the non-agency market, the GSEs securitized only 81.5% of conventional-conforming originations in 2Q...Read More
Angel Oak REIT Appoints New CEO, Williams Departs September 29, 2022 Paul Muolo Morgan Stanley controls a large chunk of Angel Oak's shares...Read More
Balbec Affiliate Readies MBS With Loans From (Now-Deceased) Sprout September 29, 2022 Brandon Ivey It's likely Balbec paid well below par for the Sprout loans...Read More
Maxex Launches Non-QM Option as Turmoil Persists September 28, 2022 Brandon Ivey The firm will support sales of various types of non-QMs, including bulk and flow options.Read More
Fannie/Freddie Supers Production Ends Slide in August September 26, 2022 John Bancroft Although secondary securitizations fell 39.3% for the first eight months of 2022, production at both enterprises spiked in August.Read More
Kroll Holds Lead in MBS Ratings, S&P Ups ABS Share September 23, 2022 John Bancroft Kroll held onto the top spot in rating non-agency MBS despite a 50.8% decline in quarterly volume.Read More
Short Takes: The Formula for Survival / Rates, A Historical Perspective / Bullish on MBS REITs / MSRs for Sale / AGMIT Gets a New CEO September 23, 2022 What might a 7% conventional mortgage do to the housing and mortgage markets? 8%?Read More
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