Short Takes: Home Prices Slip in May / Rithm Pulls Back on Plans for Newrez Spinoff / Hsieh Named CEO at loanDepot / Outlook Shifts for Acra July 29, 2025 Brandon Ivey Home prices were down 0.2% on a monthly basis in May, according to FHFA.Read More
Somewhat of a Rarity: LA Bank Focuses on Non-QMs July 28, 2025 Abby Zimmardi The bank's president said, "Our pipelines remain full, so we expect to continue to see loan growth."Read More
Short Takes: Homebuilders Reducing Sale Prices / TransUnion Boosts Mortgage Revenue / Homebuilder Sells MSRs / Roc360 Raises $150 Million for Investment Fund July 25, 2025 Brandon Ivey The average price for new homes sold in June declined by 2.0% on a monthly basis.Read More
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
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