Imperial Fund, an asset management company, is affiliated with A&D, a non-QM lender.

Nearly 75% of loans in the MBS were subject to exterior-only appraisals.

The comeback in the July-to-September period was led by JPMorgan Chase, which brought $2.12 billion of prime non-agency MBS to the market spread across four deals...

Some 147 institutions will benefit from the proposal, according to estimates by the CFPB.

The impairment rate on non-QM MBS declined by 70 basis points in August even as enhanced unemployment benefits ended in late July.

Mortgages in the deal have an average combined LTV ratio of 87.8%.

One last observation: Over the past month we’ve talked to no one who believes 2021 will be a train wreck. Several expect it to be a strong year, just but not as good as 2020…

The only declines in IO production among the group were at non-depositories...

Demand for new non-QM MBS has returned to the levels seen before volatility in March prompted a pause in issuance.