Issuance of MBS with Newer Non-QMs Inches Northward June 4, 2021 Brandon Ivey Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...Read More
Short Takes: Forbearance Declines / GSEs Extend Multifamily Forbearance / Jumbo MBS from AIG / New Chair of MFA’s Board June 4, 2021 Brandon Ivey While forbearance readings gradually head down, some 4.0% of mortgages outstanding are still in the loss mitigation status.Read More
Ellington Stocks Latest MBS with a Mix of Non-QMs June 3, 2021 Brandon Ivey Roughly one-third of mortgages have seasoned for more than two years and were called from previously issued MBS.Read More
'Traditional' GSE Mortgages Serve as Collateral for Provident's Non-Agency MBS June 2, 2021 Brandon Ivey Fun fact: Close to 50% of mortgages in the deal received waivers from the GSEs for traditional appraisals.Read More
Citadel Founder Returns to the Secondary Market June 2, 2021 Paul Muolo Perl is looking to hire a chief financial officer...Read More
Banks Show More Interest in ABS, Favoring Auto Deals June 2, 2021 John Bancroft A big chunk of the gain in auto ABS came at the top of the list. Read More
GSE Single-Family Business Down Sharply in May June 1, 2021 John Bancroft Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.Read More
Fannie, Freddie Repurchases Rise in Gusher of MBS Issuance June 1, 2021 The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter. Read More
Two Agency-Eligible Investor-Loan MBS Deals in a Week. Thank You FHFA May 28, 2021 Paul Muolo When one MBS window closes, another appears...Read More
Retailers and Table-Funders See Gains in 1Q21 as Refis Surge May 27, 2021 John Bancroft Quicken ranked as the top retail lender with an estimated $71.43 billion in first-quarter volume. Its retail market share: 5.5%...Read More