Short Takes: Two Harbors Shifts Servicing / Moody’s Revises Residential MBS Criteria / Home-Sale Cancellations Elevated / Toll Brothers Seeing More Traffic August 21, 2025 Brandon Ivey The new relationship will increase Two Harbors’ third-party subservicing business to $31 billion in unpaid principal balance.Read More
Closed-End Seconds From Carrington Flow Into Securitization From Sage August 20, 2025 Brandon Ivey Carrington hasn’t been identified in rating reports as a contributor to any securitizations of closed-end second liens issued this year.Read More
Short Takes: Upgrades for GSE CRT / Housing Starts Increase / Housing Market Slows in CA / Figure Stays Busy With HELOC Securitization August 20, 2025 Brandon Ivey “The entire portfolio has experienced overwhelmingly positive rating pressure,” Fitch said of GSE CRT issuance.Read More
Home Equity Loan Securitization Slows in Second Quarter August 19, 2025 Brandon Ivey Issuance declined by 17.8% compared with the first quarter.Read More
Figure Plans IPO After Recombining Business Units August 19, 2025 Brandon Ivey The planned IPO will help Figure expand into other markets.Read More
Fannie Economists Revise Interest Rate Outlook Upward August 19, 2025 Brandon Ivey The revised forecast projects an average interest rate of 6.5% at year-end.Read More
Short Takes: New Details on The Great American Mortgage Corp. / Mortgage Applications for New Homes Up / Annaly’s Expanded-Credit MBS Issuance Humming August 19, 2025 Brandon Ivey The Trump administration is describing The Great American Mortgage Corp. as "the all new Fannie Mae and Freddie Mac: bigger and better than ever."Read More
GSE Reform Plans Remain Unclear for MBS Market August 15, 2025 Dennis Hollier Plenty of talk of a GSE IPO but few specifics thus far on the mechanics for the secondary mortgage market.Read More
Chase to Issue its Largest DSCR Non-Agency MBS to Date August 15, 2025 Brandon Ivey Chase has issued a handful of DSCR securitizations since 2022, with a $371.3 million deal in the works.Read More
Short Takes: Delinquencies Expected to Rise / Affordability Could Improve / Wells’ Servicer Rating Affirmed Amid Downsizing / Kiavi Boosts RTL Securitization August 15, 2025 Brandon Ivey The MBA anticipates upward pressure on mortgage delinquencies.Read More
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