Surprise: Lone Star Stocks MBS with Loans Funded by Now-Defunct Sprout July 22, 2022 Brandon Ivey Lone Star made some adjustments to its typical MBS issuance practices to help protect investors from any fallout tied to Sprout.Read More
SFA Roundup: Time to Buy Structured Finance Assets Again? Hmm… July 22, 2022 Brandon Ivey According to Michael Daurio, head of capital markets at AMIPM, an investor in distressed mortgages, the structured finance market has been on a wild ride...Read More
Short Takes: Michael Strauss’ Last Stand / Not the Hamptons House / No Word / In Good Standing? / A New Compliance Chief for Freddie July 22, 2022 Paul Muolo and Brandon Ivey Now, if the house was in Jones Beach, that might be a different matter...Read More
A Counterintuitive Move: Enter Non-QM Market July 20, 2022 Paul Muolo Licensed in 50 states, Celebrity is employee owned.Read More
Whole-Loan Buyers Playing Significant Role in Non-Agency Market July 18, 2022 Brandon Ivey “It’s a little depressing right now being in RMBS,” said one SFA panelist in jest...Read More
Short Takes: GSE Reform on the Horizon? (Hardly) / The Mid-Terms / A Limited Life / Stress Relief for Mortgage Companies? / Buy American (Homes) July 18, 2022 Brandon Ivey and Paul Muolo Hope for legislative reform of Fannie Mae and Freddie Mac? Not really...Read More
Non-Agency MBS Issuance Down 22% in 2Q22 July 15, 2022 John Bancroft The top three non-agency issuers for the first six months of 2022: JPMorgan, Goldman Sachs and Onslow Bay...Read More
Ellington Continues Steady Issuance of Expanded-Credit MBS July 13, 2022 Brandon Ivey The $346 million MBS is the third expanded-credit deal from Ellington this year...Read More
A Sign of Strength in Jumbos? July 12, 2022 Brandon Ivey Purchase mortgages accounted for nearly 60% of jumbos in March...Read More
Non-Agency MBS Issuance Down Sharply in 2Q22 July 11, 2022 Brandon Ivey Spreads on ECM deals priced in May were near levels last seen in the early days of the pandemic...Read More
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