Jumbo Correspondent Originations Jump in 2Q22 September 20, 2022 Dennis Hollier Jumbo lending through correspondents increased by 20.5% from the first to the second quarter.Read More
PacWest Bank Plans Unique Non-Agency CRT Transaction September 19, 2022 Brandon Ivey PacWest's non-agency credit risk transfer is planned as a one-off, with the bank acquiring loans from various lendersRead More
Change Lending Readies its Largest Non-QM MBS to Date September 15, 2022 Brandon Ivey Loans in the deal have seasoned for an average of two months.Read More
PIMCO Back Bidding on Non-QMs. Did It Ever Leave? September 13, 2022 PIMCO is hunting for collateral with note rates north of 8.0%...Read More
AmWest Stocks Non-QM MBS With Fresh Loans September 9, 2022 Brandon Ivey Loans in the deal have seasoned for an average of one month.Read More
Home-Equity Agreements From Unlock Feed New Securitization September 8, 2022 Brandon Ivey Unlock and Saluda said the senior debt offering in the securitization was oversubscribed...Read More
GSE Second-Home Financing Falls Off a Cliff in 2Q22 September 7, 2022 Brandon Ivey Some $13.57 billion of conforming jumbos went into GSE MBS in the second quarter...Read More
Sprout Mortgage’s West Coast Team Finds a New Home September 7, 2022 Paul Muolo Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...Read More
Mixed Signals on Non-QM Impairments September 6, 2022 Brandon Ivey The impairment rate measures delinquent mortgages and modified loans...Read More
Expanded-Credit Lending Holds Up in Tough 2Q22 September 2, 2022 Brandon Ivey Top-ranked Citibank nearly doubled its expanded-credit production from the first to second quarter...Read More