Knock Issues Inaugural Securitization August 26, 2025 James Dohnert Knock has issued a $100 million bond backed exclusively by bridge loan products.Read More
Troubling Signs of Non-QM Fraud? August 25, 2025 Abby Zimmardi One executive said underwriters should be extra careful and check the certified public accountant documentation.Read More
Rocket Upsizes Securitization of Closed-End Seconds August 22, 2025 Brandon Ivey The deal size increased by nearly 30% compared with Rocket's initial plans.Read More
Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change August 22, 2025 Brandon Ivey Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.Read More
Short Takes: Two Harbors Shifts Servicing / Moody’s Revises Residential MBS Criteria / Home-Sale Cancellations Elevated / Toll Brothers Seeing More Traffic August 21, 2025 Brandon Ivey The new relationship will increase Two Harbors’ third-party subservicing business to $31 billion in unpaid principal balance.Read More
Closed-End Seconds From Carrington Flow Into Securitization From Sage August 20, 2025 Brandon Ivey Carrington hasn’t been identified in rating reports as a contributor to any securitizations of closed-end second liens issued this year.Read More
Short Takes: Upgrades for GSE CRT / Housing Starts Increase / Housing Market Slows in CA / Figure Stays Busy With HELOC Securitization August 20, 2025 Brandon Ivey “The entire portfolio has experienced overwhelmingly positive rating pressure,” Fitch said of GSE CRT issuance.Read More
Home Equity Loan Securitization Slows in Second Quarter August 19, 2025 Brandon Ivey Issuance declined by 17.8% compared with the first quarter.Read More
Short Takes: New Details on The Great American Mortgage Corp. / Mortgage Applications for New Homes Up / Annaly’s Expanded-Credit MBS Issuance Humming August 19, 2025 Brandon Ivey The Trump administration is describing The Great American Mortgage Corp. as "the all new Fannie Mae and Freddie Mac: bigger and better than ever."Read More
Chase to Issue its Largest DSCR Non-Agency MBS to Date August 15, 2025 Brandon Ivey Chase has issued a handful of DSCR securitizations since 2022, with a $371.3 million deal in the works.Read More