AmWest Funding Tops Expanded-Credit MBS Contributors in 3Q21 November 8, 2021 Brandon Ivey Among the major contributors to expanded-credit MBS, Sprout and HomeXpress Mortgage had the biggest jumps in securitized loans...Read More
Agency MBS Volume Ebbs in October Despite Refi Bump November 5, 2021 John Bancroft Fannie was the only agency to boost volume last month as new issuance rose 2.1%.Read More
Trouble Ahead? An Unsightly Increase In Early-Stage Delinquencies November 2, 2021 John Bancroft The government-insured market was under more pressure...Read More
Investor Demand for Prime Non-Agency MBS Softens October 29, 2021 Brandon Ivey Demand for non-agency MBS can be measured by how new issuance prices compare to a benchmark rate.Read More
GSE-Eligible Loans Propel Prime Non-Agency MBS in 3Q21 October 27, 2021 Brandon Ivey In 2Q21, the GSE-eligible share of loans going into non-agency MBS was 28%.Read More
Home Equity Investment Activity Gains Traction October 26, 2021 Brandon Ivey Generally, the obligation related to the HEI will decline at a rate similar to the home depreciation.Read More
Ginnie Servicing Performing Better, Freedom Ups Stake October 25, 2021 Brandon Ivey Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...Read More
MBS Trading Rises Slightly. Waiting on the Fed… October 25, 2021 Paul Muolo The trading high for the year came in January at $331.9 billion when it looked as though rates might be headed south.Read More
GSE-Eligible Investment-Property Loans Still Flowing Into Non-Agency MBS October 22, 2021 Brandon Ivey The activity in the non-agency MBS market is occurring even as some lenders are once again taking their investment-property volume to the GSEs.Read More
Short Takes: Goldman Taps Home Point for IPL Collateral / Silvergate’s Warehouse Business / Trading in Digital Assets / BTIG’s Structured Finance Move / The Racial Divide in Homeownership October 22, 2021 Paul Muolo and Dennis Hollier One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...Read More
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