Hope Springs Eternal Among Non-QM Participants September 10, 2021 Brandon Ivey Expanded-credit mortgages, which include non-QMs, accounted for only 0.9% of total first lien mortgage originations in the second quarter of 2021.Read More
Separate Organizations Working to Revise Non-Agency MBS Dataset September 8, 2021 Brandon Ivey The dataset was developed in 2009 by the American Securitization Forum, which is now defunct.Read More
Credit Suisse Readies Unique Non-QM Warehouse Funding Securitization September 3, 2021 Brandon Ivey The deal marks the first warehouse financing securitization to include non-QMs as eligible collateral.Read More
Short Takes: FTC Has Some Questions for Invitation Homes / Stock Price Doing Just Fine / AO Busy Opening New Branches / A Non-QM Rush? / Publishing Break September 3, 2021 The FTC has some questions for SFR giant Invitation Homes. Details? None...Read More
KBW Sees Improvement at Ocwen, Upgrades Estimates September 2, 2021 Paul Muolo At press time, Ocwen's common was trading at $28.06 compared to a 52-week low of $17.29 and a high of $35.08.Read More
Investment-Property Loans Dominate Non-Agency MBS Issuance September 2, 2021 Paul Muolo Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...Read More
Jumbo Servicing Portfolios Still Recovering from Pandemic Decline September 1, 2021 Brandon Ivey Wells Fargo's jumbo servicing portfolio declined by 2.5% to $242.25 billion...Read More
Lone Star’s Non-Agency MBS Chugs Along Without Caliber August 31, 2021 Brandon Ivey Lone Star shifted from relying on Caliber to other lenders for loans going into non-agency MBS.Read More
JPM Offers Large Jumbo MBS and Investment-Property Deal August 30, 2021 Brandon Ivey Chase is marketing a $1.61 billion deal with prime jumbos and a $566.4 million security with investment-property loans, many of which were eligible for sale to the GSEs.Read More
Non-Agency Jumbo Lending Increases Amid Broader Downturn in 2Q August 30, 2021 Brandon Ivey Lenders are seeing increased demand, and many have loosened underwriting standards, helping to boost volume.Read More