Citi Resumes Aggregating Jumbos for MBS Issuance April 26, 2021 Brandon Ivey Citi started issuing expanded-credit MBS in 2020 but hasn't come to market with a jumbo deal since 2014. Read More
Short Takes: Shifting to a Purchase Market / FHA Small-Dollar Mortgage Bill Moving Through Congress / Mixed Forbearance Numbers / New Non-Agency Mortgage Conduit April 23, 2021 Brandon Ivey A rise in purchase-mortgage lending this year won't offset deflated refi volume ...Read More
1Q21 ABS Issuance Spikes 87% as COVID Recovery Takes Hold April 23, 2021 John Bancroft Driving the improvement (no pun intended): the auto lending and leasing sector.Read More
SFA Drafts Reporting Standards for Non-Agency MBS Servicers April 22, 2021 Brandon Ivey The voluntary standards are in response to complaints from non-agency MBS investors regarding disclosure of loan performance amid the pandemic. Read More
New Non-Agency MBS Issuer Offers Deal with Loans Originated by Owning April 19, 2021 Brandon Ivey PR Mortgage Investment is set to issue a $479.3 million non-agency MBS with conforming jumbos originated by Owning.Read More
An Origination Decline for Jumbo Specialist FRB April 16, 2021 Paul Muolo On the home-equity lending side of the aisle, the San Francisco-based bank funded $623.6 million worth of seconds, a slight increase from 4Q20...Read More
A Nice Comeback for Non-Agency MBS Issuance in 1Q21 April 16, 2021 John Bancroft JPMorgan Chase was the top issuer of prime non-agency MBS with $4.08 billion in first-quarter issuance... Read More
Ending the GSE 'Patch': Now What? April 15, 2021 Dennis Hollier As might be expected, the move rattled lenders who are now trying to figure out the ramifications of a patch-less mortgage world...Read More
Non-Agency MBS Issuance Up Sharply in First Quarter April 13, 2021 Brandon Ivey Some $3.86 billion of expanded-credit MBS was issued in the first quarter, up 13.2% from 4Q20...Read More
A Laggard: Mortgages with Short Terms April 12, 2021 Brandon Ivey Some $11.40 billion of these loans — often used for fix-and-flip lending and bridge financing — were originated in 2020... Read More
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