A Contrarian Idea: Commercial Lender Enters the Non-QM Arena November 30, 2022 Namrata Bhatia Stronghill will focus on non-QMs, non-agency jumbos and loans for investment purposes.Read More
Non-Agency Jumbo Lending Takes a Market Share Hit November 29, 2022 Namrata Bhatia Near the end of the third quarter, the average interest rate on a 30-year fixed-rate jumbo was 6.384%...Read More
Angel Oak Sells Underwater Non-QMs for 83 Cents on the Dollar November 28, 2022 Paul Muolo The information was contained in 8-K filed just before the Thanksgiving holiday.Read More
JPMorgan Readies First DSCR MBS. 20% of the Collateral Comes from Sprout November 28, 2022 Namrata Bhatia The DSCR security from JPM is secured by 980 loans...Read More
Trouble in Fix-and-Flip? Some Ominous Findings from Redfin November 22, 2022 Paul Muolo Investor purchases slumped 26.1% on a sequential basis.Read More
Impac Has Until February 2024 to Comply With NYSE Standards November 17, 2022 Paul Muolo Impac's stock price hit a low of 24 cents a unit this year...Read More
Prime RMBS Market Flops in 3Q22: Just Five Deals Issued November 15, 2022 John Bancroft Ugly fact: There were only five deals from four different issuers...Read More
Velocity Shifting to Defensive Posture; Records Strong 3Q November 15, 2022 Namrata Bhatia Velocity, like other non-agency originators, is starting to tighten underwriting standards...Read More
Poised for Non-Agency Growth: CDFIs November 14, 2022 Monica Hogan CDFIs have been granted exemptions from the CFPB's ability-to-repay rule...Read More
Jumbo Market Clobbered in 3Q... November 10, 2022 John Bancroft Most of the top lenders in conventional/conforming recorded hefty declines, with one huge exception...Read More
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