Short Takes: FHFA Planning to Adjust LLPAs / Foreclosures Increase / Some Urgency on Interest Rates / Morgan Stanley Tapping Hometown Equity Mortgage for Non-QMs August 14, 2025 Brandon Ivey FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.Read More
Non-QM M&A Could Heat Up With GSE Reform August 13, 2025 James Dohnert The potential privatization of the GSEs has led more lenders to consider the acquisition of non-QM brokers, but the challenges in the market may cap deals.Read More
Jumbos Driving Issuance of Prime Non-Agency MBS August 12, 2025 Brandon Ivey Issuance of prime non-agency MBS linked to non-agency jumbo mortgages increased by 13.4% during the second quarter of to $7.95 billion.Read More
Chase Eyes More ARM Originations Amid Elevated Interest Rates August 12, 2025 James Dohnert ARMs accounted for 70% of Chase's non-agency production in July.Read More
PennyMac Sends More GSE-Eligible Production to TPG Angelo Gordon August 12, 2025 Brandon Ivey PennyMac originated nearly $230.0 million of mortgages in the pending MBS.Read More
REITs See Value in Owning Non-QM Originators August 11, 2025 Abby Zimmardi “We’ve been investing in Arc, both in people and process, and we’re seeing the results,” said AGMIT's CEO.Read More
Acra Plans to Stay Course Under New Owner and CEO August 8, 2025 Paul Muolo The whole-loan sales come even though Acra’s new owner, BlackRock Financial, has deep experience with non-agency securitization.Read More
Short Takes: UWM Sticking With 1 Subservicer / Angel Oak Sale Price / Housing Market Sentiment Improves / Cherry Hill Partners With Lender / LendingTree Rated by Fitch August 8, 2025 Brandon Ivey United Wholesale Mortgage has all of its servicing with one subservicer as the nonbank builds an in-house servicing operation.Read More
Profits Decline Somewhat at MFA Financial in 2Q August 6, 2025 Brandon Ivey The real estate investment trust focuses on acquiring non-qualified mortgages and originating business-purpose loans.Read More
Income Drops at Chimera Investment in Second Quarter August 6, 2025 Brandon Ivey The firm plans to be a programmatic issuer of expanded-credit mortgage-backed securities following the acquisition of HomeXpress.Read More