Expanded-Credit Mortgages Defy the Odds, Showing Growth in 1Q May 19, 2022 John Bancroft Since the beginning of 2021, $40.25 billion of ECM mortgage-backed securities have come to market...Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More
Not Immune to an Origination Correction: the Jumbo Market May 13, 2022 Brandon Ivey An estimated $131.0 billion of jumbos were originated during the period after three quarters of elevated production.Read More
Angel Oak’s Non-QM REIT Takes a Loss in 1Q but Remains Optimistic May 13, 2022 Brandon Ivey Angel Oak held $2.7 billion of product on its books at March 31, including non-QM whole loans and investments tied to MBS.Read More
Jumbo Denial Rates Fell to 11% Last Year May 4, 2022 Brandon Ivey Wells Fargo received the highest number of applications for jumbos and had an overall jumbo denial rate of 14.3%.Read More
Mortgage-Investing REIT MFA Takes $83M Loss in 1Q as Collateral Value Drops May 4, 2022 Brandon Ivey MFA was holding whole loans with an average unpaid principal balance of $8.3 billion at the end of March.Read More
Angel Oak, Annaly Offer a Mix of Loans in Latest MBS May 3, 2022 Brandon Ivey The MBS contain mortgages from a variety of lenders, including newer production and loans originated more than two years ago.Read More
Mega REIT Annaly Plans to Increase Non-Agency Mortgage Activity May 3, 2022 Brandon Ivey No secret here: Annaly is becoming a player in the non-agency whole loan market...Read More
Expanded-Credit MBS Issuance Hits Record in 1Q22 May 2, 2022 Brandon Ivey The increase in expanded-credit MBS issuance in 1Q22 was driven by non-QMs...Read More
Redwood to Acquire Bridge-Loan Originator; Profit Declines in 1Q April 29, 2022 Brandon Ivey Riverbend Funding originated more than $1.0 billion of bridge loans over the past 12 months...Read More
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