American Pride Bank’s new unit is called APB Wholesale and has a keen focus on non-QMs.

It will be the second issuance this year from Chase on its non-QM shelf, following one deal in 2024.

Proceeds from the offering could be used for investments in non-qualified mortgages and other assets.

Angel Oak Capital Advisors' first HELOC securitization was six times oversubscribed.

CoreVest has issued four similar deals, most recently a $300.0 million issuance in November.

Freddie Mac is marketing a $529.00 million CRT deal.

The bulk of the loans in the MBS are from Associated Bank.

Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.

Ellington Financial is making investments in lenders that originate non-QMs.

The MBS Annaly started marketing in early April went through at a spread that likely wouldn’t have been achievable as recently as three years ago, according to officials at Annaly.