Chase Preps Unique Credit-Risk Transfer for Non-Agency Loans October 10, 2019 Brandon Ivey In an effort to receive favorable capital treatment for credit-risk transfer on non-agency mortgages, JPMorgan Chase is preparing a unique deal.Read More
Issuers Focusing on Single Loan Type Non-Agency MBS October 10, 2019 Brandon Ivey Non-agency MBS issuers are focusing on deals backed by a single product, because they are a better gauge of prepayment speeds.Read More
Characteristics Vary Among Mortgages for Investment Properties October 10, 2019 Brandon Ivey Underwriting standards vary sharply for investment-property loans delivered to the GSEs and those sold into non-agency MBS.Read More
JPMorgan Readies Credit-Risk Transfer Deal Linked to Non-Agency Mortgages October 9, 2019 Brandon Ivey Fitch said the referenced mortgages will remain on balance sheet as unencumbered assets of JPMorgan Chase. Read More
Short Takes: Trump Gets High Marks on GSE Progress / New Day Rising / Zillow Shares Languish / Financing the Flippers / A New Hire for PrimeLending October 7, 2019 Paul Muolo and Brandon Ivey The former Fannie Mae executive is not shy about expressing his views...Read More
California Nonbank Readies HELOC-backed Security Using Blockchain October 7, 2019 Brandon Ivey Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi… Read More
Starwood Stocks MBS with Non-Agency Investment Properties October 7, 2019 Brandon Ivey All of the loans in the MBS were underwritten using debt-service coverage ratios.Read More
Clear Capital Stands Out Among AVM Vendors: Fitch October 4, 2019 Brandon Ivey Fitch tested results from automated valuation models developed by five vendors. Clear Capital returned the most accurate results, according to the rating service.Read More
RMF to Issue Non-Agency MBS Backed by Newly-Originated Reverse Mortgages October 4, 2019 Brandon Ivey The MBS from Reverse Mortgage Funding will be the first post-crisis deal backed by newly-originated proprietary reverse mortgages.Read More