Lenders Worry About Fix-n-Flip? Not Really... November 12, 2021 Paul Muolo Acra's goal for 2022? To originate anywhere from $500 million to $750 million worth of these short-term loans.Read More
Barclays to Issue its First Non-QM MBS November 11, 2021 Brandon Ivey Barclays was an active issuer of non-agency MBS in the lead-up to 2008, but the firm hasn't issued a deal with newer loans since then.Read More
Angel Oak (the REIT) Sees a Spike in Income as Non-QM Sector Heats Up November 10, 2021 Brandon Ivey Brandon Filson, AOM’s chief financial officer, said the company has the potential to generate returns of roughly 12% to 15% from whole loans...Read More
Prices for Non-QM Whole Loans are Robust. However… November 10, 2021 Paul Muolo One non-QM executive said he’s beginning to see whole-loan prices soften “a little.”Read More
Chopra Mum on Potential Changes to the QM Rule November 9, 2021 Sam Manas When asked if he supported the new qualified mortgage rule, Chopra said, “I don’t know"...Read More
AmWest Funding Tops Expanded-Credit MBS Contributors in 3Q21 November 8, 2021 Brandon Ivey Among the major contributors to expanded-credit MBS, Sprout and HomeXpress Mortgage had the biggest jumps in securitized loans...Read More
Velocity Boosts Investment-Property Lending in Third Quarter November 4, 2021 Brandon Ivey Velocity's share price was up modestly Thursday, not too far from its 52-week high of $13.80...Read More
Pretium’s Purchase of Fix-n-Flip Lender Included a Huge Chunk of Whole Loans November 3, 2021 Paul Muolo Anchor was owned by Wafra Capital Partners...Read More
Investor Demand for Prime Non-Agency MBS Softens October 29, 2021 Brandon Ivey Demand for non-agency MBS can be measured by how new issuance prices compare to a benchmark rate.Read More
Redwood Boosts Margins on Jumbos in Third Quarter October 28, 2021 Brandon Ivey Redwood's margin on residential mortgage banking activities in the third quarter of 2021 was 122 basis points, up from 98 bps...Read More
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