The Winter Tally: Agency MBS Production Falls Sharply in February March 4, 2022 John Bancroft The 21.5% decline in agency single-family MBS production in February may signal a deeper shift in mortgage market tectonics...Read More
Moves by Key Investors Lift Bank ABS in Fourth Quarter March 2, 2022 John Bancroft JPMorgan Chase, Northern Trust, Bank of America and Commerce Bank also upped their ABS holdings over the last three months of the year.Read More
The Tea Leaves: Issuance of GSE MBS Falls to 23-Month Low March 1, 2022 John Bancroft The GSEs issued “only” $137.8 billion of single-family mortgage securities in February, down 23% from January...Read More
Non-QM Loan Pricing Hits a Dry Patch February 28, 2022 Paul Muolo In recent weeks, buyers of non-QM whole loans have scaled back their bid prices.Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
Securitization Rates Adjust Downward in 2021 February 25, 2022 John Bancroft Agency MBS issuance was up again in 2021 but modestly...Read More
Whole Loan Investor MFA Sees Net Income Fall Sharply in 4Q February 24, 2022 Brandon Ivey Much of the decline was linked to losses on residential whole loans measured at fair value.Read More
As Rates Rise, Jumbo MBS Issuers Face Timing Constraints February 23, 2022 Brandon Ivey Spread widening indicates weaker demand from MBS investors...Read More
Ginnie EBOs Start to Lose Their Luster? February 22, 2022 Paul Muolo Mr. Cooper CEO Jay Bray: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”Read More
Credit Suisse Taps Athas Capital for Non-QM MBS February 18, 2022 Brandon Ivey Athas was founded in 2008 and originated $1.2 billion of loans last year.Read More
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