Spreads on MBS involving non-qualified mortgages have widened due to rising interest rates and excess supply. However, demand is on the rise again as new buyers are entering the space.

Jimmy John’s and Wingstop are on the menu in the latest round of whole-business securitizations.

The performance of MBS and ABS isn’t expected to be directly impacted by the fallout of Russia’s invasion of Ukraine in the near term; prepayment rates on agency MBS declined in February.

dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...

As the “easy” refis decline, lenders are turning to non-QMs, renovation loans, equity-extraction products and other less common offerings. There are also other moves lenders can make at the beginning of a down cycle, according to industry analysts.

Issuers are packaging primarily delinquent FHA mortgages into non-agency securities...

Issuance of expanded-credit MBS slowed as spreads widened and interest rates increased...

Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...

For weeks, rumors have been festering that Better was planning a huge layoff...

Participants in the sector view the small market share as a sign there’s plenty of room for growth...