Chase Makes Splash in Expanded-Credit MBS Market December 18, 2024 Brandon Ivey Chase is marketing its first expanded-credit MBS with mortgages for primary residences.Read More
SFA Revamps Data Fields for Prime Non-Agency MBS December 13, 2024 James Dohnert The Structured Finance Association is aiming to replace the data tape established by the American Securitization Forum in 2009.Read More
CBO Details Potential Cost Savings From GSE Tweaks December 13, 2024 Brandon Ivey The Congressional Budget Office looked at eliminating the high-cost loan limit or extending an add-on to the guarantee fee charged by the GSEs.Read More
Non-Agency MBS Issuance Picks Up, Led by Expanded Credit December 13, 2024 Brandon Ivey Four non-agency mortgage-backed securities started marketing Thursday, including three expanded-credit MBS.Read More
Short Takes: French Hill to Lead HFSC / FHA Offers Hurricane Relief to Lenders / Affordability Issues Persist / Negative Outlook for Statebridge / PHH Turns to Blend December 13, 2024 Brandon Ivey Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.Read More
Banks Add to First-Lien Holdings in Third Quarter December 12, 2024 James Dohnert Holdings increased by 1.5% on an annual basis as of the end of September.Read More
MFA, Balbec Boost Expanded-Credit MBS Issuance December 12, 2024 Brandon Ivey The pending MBS are the largest seen from the issuers this year.Read More
Home Equity Loan Securitization Cools Off in Third Quarter December 11, 2024 Brandon Ivey Issuance increased by 10.9% on a quarterly basis, well below the increases seen in recent quarters.Read More
Annaly Plots Further Growth for Non-Agency Conduit December 11, 2024 James Dohnert Onslow Bay plans to increase its correspondent business by offering a non-delegated option next year.Read More
Short Takes: Frustration, Optimism on Trigger Leads / Planet Financial’s Debt Offering Upsized / Negative Outlook for Rocket / Rocket’s CES Securitization Slows December 11, 2024 Brandon Ivey Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.Read More