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.

Both MFA and Starwood are involved in the market for non-qualified mortgages.

In the first six months of 2020, originators of all stripes funded $23.3 billion of EC loans, accounting for 1.5% of total first-lien production. Somewhat surprisingly, lending volume for the sector was up 5.4% compared with the halfway point of 2019...

A handful of mortgages in the MBS were previously in forbearance due to financial difficulties from the coronavirus.

The deal will mark the fifth MBS Angel Oak has issued since mid-May, all of which have been stocked with mortgages originated before April.

Citi led the pack with $2.46 billion of EC production in the second quarter, more than doubling its volume from 1Q20.

the good news: Mortgage servicers so far have been advancing principal and interest on missed payments to the secondary markets...

TD Bank and Charles Schwab continued to dominate the sector, accounting for a combined 45.2% of industry ABS holdings despite pulling back somewhat during the pandemic-stricken second quarter.

It may seem hard to believe, but the high level of impairments hasn't prompted material losses on MBS, at least not yet...