Retail’s biggest presence was in the jumbo market…

Another official described the Ginnie Mae change as a “nothing burger…”

Sterling will account for 58% of the loans in the MBS, Citadel 23%...

A number of firms regularly issue one non-QM deal per quarter. Two transactions is less common...

Fannie Mae, Freddie Mac and Ginnie Mae generated only $69.97 billion of single-family MBS in February.

Starting March 1, 2020, issuers will be required to have and maintain, at all times, a weighted average servicing spread of at least 25 basis points for their forward, fixed-rate single-family Ginnie portfolio.

The planned Bunker Hill Loan Depository Trust 2019-1 from Oaktree Funding will be stocked with non-QMs along with business-purpose mortgages.

There was some speculation before the vote that SIFMA might delay the guidelines or otherwise hinder UMBS issuance, but the vote on Wednesday was passed with a “significant majority,” according to SIFMA.

Lenders delivered $93.54 billion of conventional, FHA and VA mortgages with loan amounts exceeding $453,100 into agency mortgage-backed securities last year, a 23.9% decline from 2017.

Issuers of prime jumbo mortgage-backed securities aren’t doing a good enough job of providing details of potential rep-and-warrant breaches …