Ellington, New Residential Offer Separate Non-QM MBS January 14, 2022 Brandon Ivey The issuers largely sourced loans for the MBS from affiliated lending units. Read More
The Prime Non-Agency MBS Party Continues January 12, 2022 Brandon Ivey Three prime non-agency MBS hit the market Tuesday, making eight deals offered thus far in 2022.Read More
Non-Agency MBS Issuance Tops Pre-Pandemic Levels in 2021 January 11, 2022 Brandon Ivey Expanded-credit MBS issuance also increased in 2021, though it remained below the level seen in 2019.Read More
Non-QM Pioneers Angel Oak and Acra See Strong Growth Ahead January 10, 2022 Paul Muolo Angel Oak just closed its ledger on 2021, winding up with originations of $3.9 billion.Read More
Angelo Gordon Enters the GSE-Eligible Non-Agency MBS Market January 6, 2022 Brandon Ivey Blue River Mortgage III, Angelo Gordon’s conduit, started acquiring Fannie/Freddie-eligible loans for investment properties last year.Read More
First Non-Agency MBS of 2022 Stocked with GSE-Eligible Loans January 4, 2022 Brandon Ivey Collateral from a variety of lenders will be included in the deal, led by Paramount Residential Mortgage with a 7.5% share.Read More
A Gain for Wholesale Lending as Retail Suffers December 30, 2021 John Bancroft Meanwhile, wholesale lending posted a hefty 46.4% increase in the jumbo market, though it still accounted for just 9.2% of that segment...Read More
Rice Park and Hunter Street Close Deal for Fix-and-Flip Funder December 22, 2021 Paul Muolo As Christmas approaches, fix-and-flip originators are flying off the shelves...Read More
Chase Offers Non-Agency MBS with Higher LTV Ratios December 22, 2021 Brandon Ivey The average combined LTV ratio on the new jumbo MBS from Chase is 86.6%.Read More
Looser Underwriting Becoming a Concern in the Non-Agency Market December 20, 2021 Brandon Ivey Industry veteran Rudy Orman of Reliant Bank worries about lenders offering debt service coverage ratios of less than 1.Read More
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