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Citi and PennyMac Partner on Non-Agency MBS with GSE-Eligible Loans

June 29, 2021
Brandon Ivey
The MBS will be the first from Citi with GSE-eligible loans and it marks PennyMac's return to the sector after years away.
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With the Calabria Era Over, Lenders Seek to Overturn Controversial GSE Moves

June 24, 2021
Paul Muolo and Dennis Hollier
Asked whether the administration would acquiesce on the changes, CHLA Director Scott Olson — a former denizen of Capitol Hill — said he’s “somewhere between hopeful and confident.”
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The Second-Lien Slump Continues...

June 24, 2021
It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...
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Guaranteed Rate Making a Splash in Non-Agency MBS Market

June 24, 2021
Brandon Ivey
The privately held Guaranteed Rate is one of the top contributors to prime non-agency MBS. However, the firm hasn’t issued its own deal until now...
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Slipping Away: Jumbo Servicing Balances?

June 23, 2021
Brandon Ivey
Flagstar Bank stood out with a 25.2% jump in jumbo servicing.
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JPM, Others Boost Investment in Non-Agency Aggregator Maxex

June 22, 2021
Brandon Ivey
Maxex chief Tom Pearce said the latest investments by AGNC and Moore are part of a new equity incentive model.
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Toorak, Bayview Asset Management Bring Separate Non-Agency MBS

June 21, 2021
Brandon Ivey
Toorak's MBS is stocked with bridge loans, BAM''s by GSE-eligible mortgages on investment properties...
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GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS

June 21, 2021
Brandon Ivey

After dabbling as a non-agency MBS issuer in 2018 with two deals, loanDepot is now sharply increasing its presence in the sector...


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Notable: Quick Turn Times for New Prime Non-Agency MBS

June 18, 2021
Brandon Ivey
“In 10 states, our purchases already equal or exceed amounts in those geographies in each of 2018 and 2019,” Redwood said of its acquisitions of jumbos in 2021. “Loan purchases in these 10 states represent almost 30% of our year-to-date 2021 volume.”
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Angel Oak REIT Scales Back IPO Offering

June 17, 2021
Brandon Ivey and Paul Muolo
Originally, the Atlanta-based firm, hoped to sell 8.05 million shares of common at a range of $20.00 to $21.00 per unit.
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