Morgan Stanley Ramps Up GSE-Eligible IPL Non-Agency MBS April 10, 2024 Brandon Ivey Morgan Stanley is packaging GSE-eligible mortgages for investment properties into non-agency MBS.Read More
Bank Mortgage Holdings Increase in 2023 April 2, 2024 James Dohnert On an annual basis, the holdings increased by 3.2%.Read More
Mixed Trends in Latest Non-Agency MBS April 2, 2024 Brandon Ivey Angel Oak Companies, Lone Star Funds and Redwood Trust kicked off the second quarter of 2024 with new non-agency MBS offerings.Read More
As Late Payments on Non-QMs Rise, Lenders Take Note April 1, 2024 Paul Muolo Loan trader Tad Dahlke said he’s seeing a pickup in delinquencies on non-QMs as well as Ginnie Mae loans...Read More
A Case to Watch for Business-Purpose Lenders? April 1, 2024 James Dohnert The plaintiffs, property investors Cassaforte Limited and FRF 348 Quincy, began the case in October 2019.Read More
Jumbo Correspondent Share Declines After Wells’ Exit March 28, 2024 James Dohnert Wells was largely done with purchasing jumbo loans through the correspondent channel by the end of the first quarter of 2023.Read More
Rithm Capital Preps RTL Securitization March 28, 2024 James Dohnert The deal received a preliminary A rating from Morningstar.Read More
Chase Teams With Visio on IPL MBS March 26, 2024 Brandon Ivey Visio Financial Services originated 56.2% of the loans in the $324.1 million investment property MBS.Read More
Short Takes: Home Prices Decline / Sales of New Homes Slow / Renting Cheaper Than Buying / Non-QM Delinquencies Increasing March 26, 2024 Brandon Ivey The monthly decline in home prices in January was the first decline since August 2022.Read More
Chase Puts Closed-End Seconds From Rocket in MBS March 22, 2024 Brandon Ivey Loans originated by Rocket Mortgage account for 80.2% of the planned $316.0 million issuance.Read More
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