Non-Agency MBS Issuance Takes Major Leap in 2024 February 12, 2025 James Dohnert Chase and UWM led the way as the top contributors to non-agency MBS issued in 2024.Read More
RTL Lenders Cautiously Optimistic Heading Into New Year February 12, 2025 James Dohnert Investor loan origination volume bucked seasonal trends in December, prompting optimism for 2025.Read More
Short Takes: Powell Raises Insurance Alarm Bells / Angel Oak Markets MBS / Kiavi Expands / House Dems Call for Answers on CFPB Funding Request February 12, 2025 James Dohnert The Federal Reserve chair said in 15 years there are likely to be regions in the country where you can't get homeowners insurance.Read More
Maryland Reg Causing Non-Agency Turmoil for Some February 10, 2025 James Dohnert Kroll said the new requirement could hurt secondary market buyers, who are largely seen as passive investors.Read More
Short Takes: Strong Jobs Report / Newrez IPO Update / Radian Shifts With Non-Agency MBS / Ellington Turns to Mr. Cooper for CES February 7, 2025 Brandon Ivey MBA’s forecast is that the Fed will make at most one more cut this cycle.Read More
HEL Securitization Cools in Fourth Quarter February 5, 2025 Brandon Ivey Issuance involving closed-end second liens held up better than HELOCs and home equity investment activity.Read More
Short Takes: FICO’s Score Revenue Jumps / PennyMac Upsizes Debt Offering / Optimal Blue to Offer AI Tool / Jumbo MBS From Redwood / Better Rewards Program February 5, 2025 Brandon Ivey FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.Read More
Short Takes: Ishbia Sees Room for Refis / Non-QM Impairments Up Due to Hurricanes / Cardinal Launches Non-QM Offerings / Rate Expands Non-Agency Products February 4, 2025 Brandon Ivey Ishbia pointed to borrowers who received mortgages between 2022 and 2024 as prime candidates for refis.Read More
Newfi Launches Non-QM Delegated Correspondent Products January 31, 2025 James Dohnert Newfi is an affiliate of asset management firm Apollo.Read More
Short Takes: McCargo Abruptly Leaves FHLBank of San Francisco / Cerberus Securitizing HELs From Spring EQ / Non-Agency MBS Flowing From PennyMac / Pending Home Sales Decline / Deutsche Bank Using MacBook Airs January 31, 2025 Brandon Ivey McCargo joined the FHLBank in June.Read More
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