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Large Non-QM Deals on the Way from WAMCO and Verus

May 13, 2019
Brandon Ivey

Western Asset Management's new non-QM deal is sized at nearly $1.0 billion...


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On the Radar Screen of the CFPB: Non-QM Lenders

May 13, 2019
Brandon Ivey

Non-QM lending – the “new nonprime,” to some degree – totaled roughly $45.2 billion last year, a 20.2% improvement over 2017. 


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What We’re Hearing: The Return of Impac’s Co-Founder / Surviving Somehow / Vista Point Mortgage Arrives / Mangiaracina Hopeful / Armageddon Times? (Avoided) / Warehouse Rising

May 10, 2019
Paul Muolo

Bill Ashmore's new venture is based in Irvine, CA, home to many entrepreneurial mortgage shops...


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Short Takes: Waiting on Jones (at the FHFA)? / A Deep Resume on All Things Housing / Calabria’s Upcoming Speech / More on GSE R&R? / Carrington Preps Nonagency MBS / Freddie Offers a Swap

May 9, 2019
Paul Muolo
Mark Calabria's deep bench is about to get deeper...
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Redwood Boosts Income in 1Q19, Jumbo Volume Down

May 9, 2019
Brandon Ivey

Redwood Trust's net income increased in the first quarter of 2019 but acquisitions of jumbo mortgages fell significantly...


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Wells Fargo Readies a New Jumbo MBS Deal

May 8, 2019
Brandon Ivey

Wells Fargo is looking like a regular issuer of jumbo MBS these days. The bank tested the market in October and January and is currently working on a $553.6 million deal.


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Short Takes: A Bill to Stop Lobbying by the GSEs / Who Said They Were Lobbying? / Redfin Mortgage Continues to Expand / Pending Home Sales Increase (Slightly) / Incenter Hires Whole Loan Trading Chief

April 30, 2019
Paul Muolo
Are GSE officials lobbying Congress?
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Impac, Sprout Among Top Expanded-Credit MBS Lenders, However…

April 29, 2019
Brandon Ivey
Just because you're a non-QM lender, that doesn't mean you're an issuer...
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ABS Issuance Off Like a Rocket in 1Q19 (Compared to 4Q18)

April 26, 2019
John Bancroft

Compared to 1Q18, ABS issuance fell 9.6%.


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Morgan Stanley Settles Legacy Non-Agency MBS Issues with CA Retirement Funds for $150 Million

April 26, 2019
Brandon Ivey

“Morgan Stanley lied about the risk of its products and put profits over teachers and public employees who relied on its advice,” according to California Attorney General Xavier Becerra.


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