A&D Mortgage, Annaly Capital Management, Invictus Capital Partners and JP Morgan all are expected to issue new non-agency mortgage-backed securities this month.

The MBA reports that new home purchases up 26.1%; Six First Republic private client banking teams join Flagstar; Redfin finds home prices are up 2.1% year-over-year; First Horizon announces new client-focused podcast.

Servicers have found new success leveraging self-service technologies for borrowers looking for disaster relief and forbearance options.

Despite early fears that the MBS portfolios of the now-defunct Silicon Valley Bank and Signature Bank would be a hard sell, the market has responded favorably to sales of the securities.

Homeowners are waiting out the high-interest rate environment before considering selling.

The growth is partly due to improved dynamics between life insurers and mortgage partners.

FirstKey Mortgage is expected to issue a MBS of closed-end second-lien loans amid growing demand for the product.

Several usually active issuers had no issuance in the second quarter, including Angelo Gordon, Ellington Financial REIT and Redwood Trust.

Investors are reassessing their property portfolios due to shrinking income yields and rising rates...

Non-agency MBS issuance backslid in the second quarter of 2023 after a brief surge to kick off the year. (Includes two data charts.)