Longbridge Preps its First Non-Agency MBS with Proprietary Reverse Mortgages August 3, 2021 Brandon Ivey Loans in the reverse MBS were originated between 2019 and this year, according to a presale report from DBRS.Read More
The Reason Behind Non-QM Growth: Plentiful Warehouse Credit August 2, 2021 Paul Muolo Silvergate Bank is one of the more active warehouse financiers in the non-QM space...Read More
Forbearance Reading Ticks Up. Trouble Ahead? (Probably Not) July 30, 2021 Paul Muolo Black Knight: “While still low, new forbearance plans hit their highest weekly level since late March, with restart activity also remaining elevated.”Read More
Jumbo Business Mellows, SFR Soars at Redwood in 2Q21 July 29, 2021 Brandon Ivey Margins on the aggregation of jumbos came back down to earth while Redwood's business purpose lending unit flourished...Read More
Nomura Ramping Up Investment-Property Non-Agency MBS Issuance July 28, 2021 Brandon Ivey Nomura issued its first investment-property non-agency MBS in May.Read More
ABS Issuance Falters in 2Q but 2021 on Pace for Big Year July 28, 2021 With American Airlines grounded, issuance of business-class ABS fell $6.03 billion, or 23.0%, from the first to the second quarter.Read More
JPM Hits Market With Yet Another Investment-Property MBS. Next Up: UWM July 27, 2021 Brandon Ivey Take note: Two investment-property non-agency MBS from JPMorgan Chase in less than a week.Read More
Refis Drive Surge in Jumbo MBS Issuance in Second Quarter July 21, 2021 Brandon Ivey Roughly $2.26 billion of jumbo MBS issued in the second quarter included a cash-out component...Read More
Surge of Jumbo MBS Hits the Market, Led by JPMorgan July 21, 2021 Brandon Ivey Four issuers of jumbo MBS started marketing deals this week, including a $1.02 billion security from JPMorgan Chase.Read More
Non-Agency MBS with GSE-Eligible Investment-Property Loans on the Rise July 20, 2021 Brandon Ivey Bayview Asset Management and Flagstar Bank are the latest non-agency MBS issuers to stock deals with investment-property mortgages that could have been sold to Fannie and Freddie...Read More