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Radian Enters Jumbo MBS Market

July 15, 2024
James Dohnert
The non-agency conduit of Radian Group started aggregating loans in 2022.
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Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive

July 15, 2024
Brandon Ivey
With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.
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Ratings Helping to Boost Fix-and-Flip Lending

July 12, 2024
James Dohnert
Toorak issued the first-ever rated RTL securitization earlier this year.
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Short Takes: FHFA Publishes Historical VantageScore Data / ‘Sweet Spot’ for Homebuyers / Low DSCR Offering From A&D / MFA Offers RPL MBS

July 12, 2024
Brandon Ivey
The historical VantageScore data are available to approved users to help with the GSEs' planned acceptance of the credit score.
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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Investor Borrowers Pose Some Challenges for Servicers

July 10, 2024
James Dohnert
Investors act differently than owner-occupants in terms of servicing-related decisions.
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SFA Sees Non-Agency Threat in Freddie’s CES Pilot

July 9, 2024
James Dohnert
The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.
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Short Takes: FHLBank of Chicago Accepts VantageScore / The Reason for Rate’s Rebrand / New Scratch-and-Dent MBS

July 9, 2024
Brandon Ivey
Members of the FHLBank of Chicago can pledge collateral to the bank with VantageScore credit scores rather than the traditional FICO score.
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Non-Agency Securitization Marks a Gain. However…

July 8, 2024
James Dohnert
JPMorgan Chase, once again, was the top non-agency MBS issuer in the quarter...
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Bain Jumps Into the Fix-n-Flip Market With Acquisition

July 8, 2024
Paul Muolo
A few months back, Bain bought a stake in two different mortgage software companies...
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Latest Imf News

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Featured Data

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