Cerberus Affiliate Aggregates Seconds From Rocket, Spring EQ February 23, 2023 Brandon Ivey Up until now, FirstKey’s securitization activity has been focused on seasoned collateral.Read More
FoA Strikes Deal to Unload Its Fix-and-Flip Unit February 21, 2023 Paul Muolo FoA, once a prime and non-QM lender/servicer, has been restructuring its business over the past year...Read More
PIMCO Unit Securitizing Somewhat Seasoned Non-QMs Originated by Acra February 21, 2023 Brandon Ivey Non-QMs in the MBS have an average coupon of only 5.00%.Read More
Non-QM Lenders' Guarded Optimism on 2023 Market February 17, 2023 Brandon Ivey After a tough 2022, some market participants say the outlook for investment property lending is starting to look up.Read More
Prime Non-Agency MBS Issuance Fizzles at End of 2022 February 15, 2023 Brandon Ivey Only two prime non-agency MBS were issued during the fourth quarter of 2022.Read More
Ares Management to Issue its First Non-QM MBS February 15, 2023 Brandon Ivey Ares is a publicly-traded alternative investment manager with $352.0 billion of assets under management.Read More
Large Amount of Non-QMs ‘Stuck’ on Warehouse Lines February 13, 2023 Paul Muolo and Brandon Ivey Upwards of $1.0 billion of non-QMs are sitting on warehouse lines that would have typically been sold months ago, according to one estimate.Read More
MFA Stocks MBS with Cash-Out Refi IPLs February 7, 2023 Brandon Ivey The DSCR loans have an average interest rate of 7.0%.Read More
Angel Oak REIT Participates in Non-QM MBS, Reduces Warehouse Debt February 1, 2023 Paul Muolo The loans backing the deal have average seasoning of 12 months.Read More
Fix-and-Flip Players Turn to Fix-and-Rent February 1, 2023 Brandon Ivey Entry-level buyers are the largest share of purchasers for flipped homes...Read More
RSS