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
GSE-Eligible Loans Propel Prime Non-Agency MBS in 3Q21 October 27, 2021 Brandon Ivey In 2Q21, the GSE-eligible share of loans going into non-agency MBS was 28%.Read More
Home Equity Investment Activity Gains Traction October 26, 2021 Brandon Ivey Generally, the obligation related to the HEI will decline at a rate similar to the home depreciation.Read More
GSE-Eligible Investment-Property Loans Still Flowing Into Non-Agency MBS October 22, 2021 Brandon Ivey The activity in the non-agency MBS market is occurring even as some lenders are once again taking their investment-property volume to the GSEs.Read More
Short Takes: Goldman Taps Home Point for IPL Collateral / Silvergate’s Warehouse Business / Trading in Digital Assets / BTIG’s Structured Finance Move / The Racial Divide in Homeownership October 22, 2021 Paul Muolo and Dennis Hollier One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...Read More
Bayview Preps Large Non-Agency MBS With GSE-Eligible IPLs October 21, 2021 Brandon Ivey Bayview's $823.2 million issuance will be the second largest non-agency MBS issued this year with GSE-eligible investment-property loans.Read More
Non-QM Originator Newfi Agrees to a Sale. Others? October 21, 2021 Paul Muolo Originators of non-qualified mortgages are pondering sale offers from yield-hungry investors. Who’s in the driver’s seat? Right now, the originators are.Read More
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