Brandon Ivey

Non-Agency MBS Deals Surge in the Past Two Weeks

February 12, 2021

Three expanded-credit MBS totaling $781 million and two jumbo MBS at a combined $955 million were brought to the market.

Shellpoint Tops Non-Agency MBS Servicers in 2020

February 12, 2021

Brandon Ivey

Shellpoint processed more than 25% of the dollar volume of non-agency MBS issued in 2020. Servicers continue to grapple with elevated delinquencies, forbearance and concerns about disclosures. (Includes data chart.)

News Briefs

February 12, 2021

Brandon Ivey

Non-agency forbearance declines; Pacific Western Bank acquires Civic Financial Services; Velocity inks new financing; Angel Oak Commercial Lending set for growth.

REITs Investing in MBS Still Not Out of the COVID Hole

February 11, 2021

Brandon Ivey

Profits in the fourth quarter weren’t enough to offset losses incurred earlier in the year by Annaly and Two Harbors. Meanwhile, a REIT with a non-agency focus turned a profit.

Top Jumbo MBS Issuers Going Full Steam Ahead

February 11, 2021

Brandon Ivey

Goldman Sachs, JPMorgan Chase and Redwood Trust ramped up issuance of jumbo MBS in recent weeks, while other firms in the sector have still not fully recovered from COVID volatility.

Grapevine: PennyMac Takes Loss on CRT; Non-Agency MBS Update

February 11, 2021

Brandon Ivey

PennyMac Mortgage Investment Trust took a $108.4 million loss in the fourth quarter on CRT transactions; Ellington Financial and an affiliate of Caliber Home Loans plan to bring non-QM MBS to the market.

Short Takes: GSE Origination Flexibilities Extended / Few Foreclosures / Non-QM MBS from Caliber / Equitable Housing Hires at Freddie

February 11, 2021

Brandon Ivey

FHFA extended various origination flexibilities related to GSE mortgages through the end of March.

Redwood's Net Income Drops in Fourth Quarter

February 11, 2021

Brandon Ivey

The decline was largely tied to income from investments while Redwood's lending units are generating returns above 20%.

loanDepot Goes Public with Scaled Down IPO

February 11, 2021

Brandon Ivey

In January, loanDepot had plans to raise upwards of $362 million via an IPO. On Feb. 11, the offering priced with a reduced share price and fewer shares, generating $54 million.

Delinquencies Decline in 4Q20, Forbearance Rate Nearly Stagnant

February 11, 2021

Brandon Ivey

Mortgage performance improved across the board during the fourth quarter. However, the forbearance rate has been stagnant since November, leading to concerns about foreclosures when moratoriums on such actions are lifted. (Includes data chart.)

Brandon Ivey

ARTICLES

Non-Agency MBS Deals Surge in the Past Two Weeks

Shellpoint Tops Non-Agency MBS Servicers in 2020

News Briefs

REITs Investing in MBS Still Not Out of the COVID Hole

Top Jumbo MBS Issuers Going Full Steam Ahead

Grapevine: PennyMac Takes Loss on CRT; Non-Agency MBS Update

Short Takes: GSE Origination Flexibilities Extended / Few Foreclosures / Non-QM MBS from Caliber / Equitable Housing Hires at Freddie

Redwood's Net Income Drops in Fourth Quarter

loanDepot Goes Public with Scaled Down IPO

Delinquencies Decline in 4Q20, Forbearance Rate Nearly Stagnant

Latest Imf News

Agency Purchase-Mortgage Business Holds Steady in Early 2026

Locks for Purchase Mortgages Increase in March

Investors Showing Strong Demand for Home Equity Loan Securitizations

GSE Policies on Cryptocurrency Unchanged

Featured Data

ARM Production Bounces Back in Fourth Quarter

Home Equity Loan Originations Decline in Fourth Quarter

GSE Seller Buybacks and Unresolved Claims Decline

Profits Sag at FHLBanks in Fourth Quarter

Featured Reports

Mortgage Profitability Report 4Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?