Short Takes: Jumbos: Selling vs Holding / Interest Rate Trends / FHA and Flood Insurance April 28, 2023 Brandon Ivey There are some benefits to selling jumbos into the secondary market rather than holding the loans in portfolio.Read More
Annaly Takes Large Loss in First Quarter Amid Volatility April 27, 2023 Brandon Ivey While the first quarter didn't go much better than the fourth quarter, officials at the REIT suggest better times are ahead.Read More
NYSE Stops Trading of Impac Mortgage’s Stock April 27, 2023 Brandon Ivey Impac's stock was trading at $0.22 per share when trading was suspended.Read More
Expanded-Credit MBS Issuance Rebounds in First Quarter April 26, 2023 James Dohnert Invictus Capital Partners was the top issuer of expanded-credit MBS in the first quarter of 2023.Read More
Short Takes: First Republic Reaction / Potential Sale or FDIC Intervention? / Applications Buck Interest Rates April 26, 2023 Brandon Ivey First Republic Bank's stock price dropped by 50% the day after the bank released earnings for the first quarter.Read More
First Republic to Reduce Portfolio After Tough First Quarter April 25, 2023 James Dohnert First Republic Bank plans to shift to originating loans for sale into the secondary market.Read More
Short Takes: Deposits Flee First Republic / Expanded-Credit MBS from Barclays / New Fannie CRT / Home Improvement Securitization April 25, 2023 Brandon Ivey First Republic is altering its originate-to-hold strategy as deposits shrink.Read More
Banks Pulling Back on Jumbo Lending? Looks That Way April 24, 2023 James Dohnert However, a Goldman strategist said residential lending should avoid the pain that will be more pronounced in other sectors.Read More
Morgan Stanley Tries Again with Jumbo MBS April 21, 2023 Brandon Ivey Morgan Stanley initially started marketing the jumbo MBS just before the failure of two regional banks in March.Read More
Acra, Angel Oak Seeing Positive Developments in Non-QM April 20, 2023 Paul Muolo Interest rate trends and industry consolidation are tailwinds for big players in the non-QM market.Read More
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