Short Takes: Home Price Appreciation Slows / Limited Demand for Large Home-Improvement Projects / Applications Decline / Angel Oak Ramping Up MBS Issuance May 21, 2025 Brandon Ivey Annual home price appreciation in April 2025 increased at the slowest rate since 2012.Read More
Georgia Depository Goes Where Few Banks Wander: Non-QM Wholesale May 19, 2025 Abby Zimmardi American Pride Bank’s new unit is called APB Wholesale and has a keen focus on non-QMs.Read More
Chase Ramping Up Issuance of MBS With Non-QMs May 16, 2025 Brandon Ivey It will be the second issuance this year from Chase on its non-QM shelf, following one deal in 2024.Read More
Angel Oak REIT Plans $40 Million Debt Offering May 15, 2025 Brandon Ivey Proceeds from the offering could be used for investments in non-qualified mortgages and other assets.Read More
Short Takes: Strong Demand for HELOC Securitization / New Prime Non-Agency MBS / Annaly Increasing Expanded-Credit MBS Issuance May 15, 2025 Brandon Ivey Angel Oak Capital Advisors' first HELOC securitization was six times oversubscribed.Read More
Redwood Unit to Issue Securitization With Fix-and-Flip Loans May 14, 2025 Brandon Ivey CoreVest has issued four similar deals, most recently a $300.0 million issuance in November.Read More
Short Takes: CRT From Freddie / FHA Turns to AI / Point Boosts HEI Securitization / PRMG Partners on Credit Card May 13, 2025 Brandon Ivey Freddie Mac is marketing a $529.00 million CRT deal.Read More
Redwood Selling Older Jumbos From Banks in MBS May 12, 2025 Brandon Ivey The bulk of the loans in the MBS are from Associated Bank.Read More
Short Takes: Non-Agency Delinquencies Decline / CES Securitization From Rocket / Deed Theft Prosecution May 12, 2025 Brandon Ivey Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.Read More
Short Takes: Ellington Investing in Non-QM Lenders / Blend to Sell Title Insurance Unit / More Expanded-Credit MBS / Debt Offering From Two Harbors May 9, 2025 Brandon Ivey Ellington Financial is making investments in lenders that originate non-QMs.Read More
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