Angel Oak Ends Lull in Non-QM MBS Issuance June 10, 2022 Brandon Ivey The MBS is stocked with loans originated before the runup in interest rates.Read More
Velocity Preps Non-Agency MBS, Ending a Lull in Market Activity June 8, 2022 Brandon Ivey The $315.2 million MBS includes a mix of commercial RE and residential investment properties.Read More
Mortgage Companies Paying Up on New Debt Offerings June 7, 2022 Brandon Ivey Interest rates on debt offerings by mortgage companies are on the rise.Read More
Large Nonbanks Dip Their Toes Into the HELOC Pool. More to Come? June 1, 2022 Brandon Ivey Among nonbanks offering HELOCs, NewRez is hardly alone...Read More
CDFIs Not Abusing their ATR Exemptions May 31, 2022 Brandon Ivey Mortgages originated by Community Development Financial Institutions don't need to follow ability-to-repay standards established by the Consumer Financial Protection Bureau.Read More
Jumbo MBS Issuance Slow as Banks Take in Loans May 31, 2022 Brandon Ivey Originators of jumbo mortgages saw better execution in whole loan deliveries in May rather than MBS issuance.Read More
Jumbo-Conforming Spread Reaches Near Record Levels May 27, 2022 Brandon Ivey Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.Read More
Non-Agency MBS Issuers Pile Into Market May 23, 2022 Brandon Ivey Issuers of non-agency MBS offered four deals on May 20, with a total unpaid principal balance of $1.72 billion.Read More
Expanded-Credit Mortgages Defy the Odds, Showing Growth in 1Q May 19, 2022 John Bancroft Since the beginning of 2021, $40.25 billion of ECM mortgage-backed securities have come to market...Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More