CoreVest to Issue its First Securitization of Bridge Loans September 20, 2021 Brandon Ivey Redwood could generate an ROE approaching 30% from the securitization.Read More
Rocket Launches Large Jumbo MBS September 20, 2021 Brandon Ivey The nearly $1.0 billion issuance is one of the largest from a nonbank post 2010.Read More
New Non-Agency MBS from Goldman Sachs, Lone Star September 17, 2021 Brandon Ivey In the Goldman deal, United Wholesale Mortgage is providing 37.9% of the collateral...Read More
A Notable 2Q Spike in Non-Agency Jumbo Production September 16, 2021 John Bancroft Jumbo lending is catching on with nonbanks, which are providing most of the collateral for non-agency prime jumbo securitizations.Read More
Redwood Incorporating Blockchain in Its Non-Agency MBS September 15, 2021 Brandon Ivey While the use of blockchain in a prime non-agency MBS is a first, rating services were unmoved by the technology.Read More
Impac Executive Donatacci Departs for The Money Source September 14, 2021 Paul Muolo Donatacci joined the non-QM and conventional lender roughly two years ago.Read More
Verus Ends Lull in Expanded-Credit MBS Issuance September 14, 2021 Brandon Ivey It's been two weeks since an expanded-credit MBS hit the market...Read More
Expanded-Credit Lending Near Pre-COVID Levels in Second Quarter September 13, 2021 Brandon Ivey The most prominent participants in the EC market are nonbanks. However, the top two lenders in the second quarter were depository institutions.Read More
Hope Springs Eternal Among Non-QM Participants September 10, 2021 Brandon Ivey Expanded-credit mortgages, which include non-QMs, accounted for only 0.9% of total first lien mortgage originations in the second quarter of 2021.Read More
Separate Organizations Working to Revise Non-Agency MBS Dataset September 8, 2021 Brandon Ivey The dataset was developed in 2009 by the American Securitization Forum, which is now defunct.Read More
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