Expanded-Credit MBS Issuers Back in Market After Lull September 3, 2025 Brandon Ivey Expanded-credit MBS marketing had paused after Aug. 22.Read More
Short Takes: Purchase-Mortgage Demand Cools / Rate Cut a Marketing Opportunity / PennyMac Launches Non-QM Offerings / Number of Homeowner Households Declines September 3, 2025 Brandon Ivey Demand for purchase mortgages declined last week even as interest rates on mortgages moved down.Read More
Short Takes: Second Criminal Referral Against Fed's Cook / Investors Buy Close to One-Third of Homes / Transunion Data Breach Exposes Millions of Customers' Data August 29, 2025 James Dohnert FHFA Director Bill Pulte announced on X that there's a new allegation of mortgage fraud against Federal Reserve Governor Lisa Cook.Read More
Knock Issues Inaugural Securitization August 26, 2025 James Dohnert Knock has issued a $100 million bond backed exclusively by bridge loan products.Read More
Troubling Signs of Non-QM Fraud? August 25, 2025 Abby Zimmardi One executive said underwriters should be extra careful and check the certified public accountant documentation.Read More
Rocket Upsizes Securitization of Closed-End Seconds August 22, 2025 Brandon Ivey The deal size increased by nearly 30% compared with Rocket's initial plans.Read More
Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change August 22, 2025 Brandon Ivey Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.Read More
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
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