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
Secondary Market for Non-Agency Mortgages on Firmer Ground May 8, 2025 Brandon Ivey 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.Read More
Short Takes: Locks Level in May / Fitch More Comfortable With Rocket’s Plans / Chase Brings Large Jumbo MBS May 8, 2025 Brandon Ivey Locks for purchase mortgages were essentially level on a monthly basis in May, according to Mortgage Capital Trading.Read More
SPS Leads Non-Agency MBS Servicers in First Quarter May 7, 2025 Namrata Bhatia SPS handled servicing for 30.1% of all non-agency MBS issued in the first quarter.Read More