Court Dismisses Selected Claims in Angel Oak LO Lawsuit April 20, 2022 Brandon Ivey Overall, Angel Oak made nine claims against the LOs and LendSure...Read More
loanDepot #1 Among Contributors of Loans to Prime Non-Agency MBS April 18, 2022 Brandon Ivey On the other hand, United Wholesale Mortgage, the top contributor to prime non-agency MBS in 2021, avoided the market entirely...Read More
Expanded-Credit Deals Prop Up RMBS Issuance in 1Q22, Prime Jumbo Fades April 15, 2022 John Bancroft Prime non-agency MBS issuance fell 16.3% in the first quarter to $20.87 billion.Read More
Nonbank A-Paper Giants Ready to Test the Non-QM Market? April 15, 2022 Paul Muolo It was thought that once UWM made the move, several of its nonbank competitors would jump on the bandwagon...Read More
Expanded-Credit MBS Market Begins to Stir April 13, 2022 Brandon Ivey Three EC deals hit the market early this week after a nearly two-weeks of silence.Read More
Equity-Sharing Programs Gaining Momentum Over HELs April 13, 2022 Brandon Ivey How mainstream is the concept? The publicly traded Redwood Trust is among the investors that recently committed more than $1.0 billion to Point...Read More
Redwood Jumps Into the Bank-Statement Loan Pool April 12, 2022 Brandon Ivey With rates rising sharply and applications suffering mightily, lenders across the nation are reassessing their menus...Read More
Rate-Lock Woes Hit Non-QM Lenders April 11, 2022 One problem: Non-QM lenders haven't been hedging their pipelines...Read More
Sources: Non-QM Lender Sprout Trims Staff April 7, 2022 Paul Muolo At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.Read More
Pretium Sees Strong Demand for New Non-Agency Mortgage Fund April 6, 2022 Brandon Ivey Pretium's new $1.7 billion fund for residential credit investments is nearly double the size of the firm's previous fund.Read More
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