Non-Agency MBS Issuance Continues Rising in Second Quarter July 23, 2025 Namrata Bhatia Issuance through the first half of 2025 was up by nearly 40% compared with the first half of 2024.Read More
Short Takes: Goldman Securitizing HELOCs From UWM / Housing Starts Decline / Elevated Inventory / Buyers’ Market July 21, 2025 Brandon Ivey Goldman has issued two other HELOC securitizations since May 2024, leaning on loans from United Wholesale Mortgage.Read More
Non-QM Delinquencies Rising but Some Key Distinctions... July 14, 2025 Brandon Ivey Lenders tightened their underwriting standards somewhat in 2024 issuance, dv01 noted.Read More
Annaly Leads Expanded-Credit MBS Push With Large Deal July 11, 2025 Brandon Ivey Annaly is set to issue a $662.7 million MBS, its 13th expanded-credit deal of the year.Read More
Prime Non-Agency MBS Issuers Return to the Market July 10, 2025 Brandon Ivey PennyMac and Redwood Trust are marketing separate prime non-agency MBS, the first deals in the market since June 24.Read More
Saluda Grade Packages HELOCs in Securitization July 10, 2025 Brandon Ivey HomeBridge Financial Services is the largest contributor to the securitization, accounting for 49.9% of the dollar volume.Read More
Short Takes: FDIC Plans CRA Proposal / Home Sales Expected to Remain Constrained / Agency MBS-Focused REIT Takes Loss in 2Q / Morgan Stanley’s Latest Non-Agency MBS July 10, 2025 Brandon Ivey It’s not yet clear what’s in the FDIC's pending CRA proposal or if the other federal banking regulators are planning similar proposals.Read More
Short Takes: Employment on Shaky Ground / U.S. Citizen Share of Mortgage Lending Rising / Home Sales Slowing / New Wholesale Option for RTLs July 8, 2025 Brandon Ivey Some 29% of households surveyed by Fannie Mae in June said they were concerned about potentially losing their jobs, up from a 22% share in May.Read More
Invictis, Barclays Boost Non-QM MBS Issuance July 7, 2025 Brandon Ivey The issuers started marketing the deals just before the Fourth of July weekend.Read More
Retail Share of Nonconforming Lending Declines in 1Q July 3, 2025 Brandon Ivey Both the correspondent and broker channels increased their market share recently.Read More