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
Banks and MBS? The Love Affair Continues February 18, 2022 John Bancroft Banks and thrifts generated $51.76 billion in interest income from MBS investment last year.Read More
A Big Surprise? Deliveries Above the 2021 Baseline Loan Limit Spike in January February 17, 2022 Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...Read More
Secondary Market Deliveries Earn a Reprieve in January February 16, 2022 Dennis Hollier The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...Read More
Unison Plots Growth in Home-Equity Sharing February 16, 2022 Paul Muolo The “A” bond on the securitization pays investors 4.5%...Read More
A Stellar Year and Quarter for Fannie Mae, Net Worth Climbs to $47.4 Billion February 15, 2022 Paul Muolo and Dennis Hollier Fannie's net worth keeps climbing but its new CFO notes the MBS guarantor is "significantly" undercapitalized...Read More
Agency Multifamily Boosts CMBS to Record Issuance in 2021 February 11, 2022 John Bancroft What’s remarkable about the 2021 rebound in non-agency issuance is that several key sectors in commercial real estate still face long-term challenges.Read More
Redwood’s Net Income Drops by 50% February 10, 2022 Brandon Ivey Moves by the Fed and a crowded prime non-agency MBS market led to lower income for Redwood...Read More
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