Brandon Ivey

Asset Manager Readies Its First Non-QM Deal

October 7, 2020

Brandon Ivey

Imperial Fund, an asset management company, is affiliated with A&D, a non-QM lender.

Wells Stocks Non-Agency MBS with Post-Volatility Jumbos

October 6, 2020

Brandon Ivey

Nearly 75% of loans in the MBS were subject to exterior-only appraisals.

Prime Non-Agency MBS Issuance Rebounds in 3Q20

October 5, 2020

Brandon Ivey

The comeback in the July-to-September period was led by JPMorgan Chase, which brought $2.12 billion of prime non-agency MBS to the market spread across four deals...

Another Nonbank (Caliber) Unveils IPO Plans, CEO Earned $20 Mil Last Year

October 2, 2020

Brandon Ivey

In the first half of 2020, Caliber posted net income of $275.3 million compared to a loss of $59.4 million in the comparable period last year.

Prime Non-Agency MBS Issuance Rebounds in 3Q

October 2, 2020

Brandon Ivey

Issuance of prime non-agency MBS more than doubled in the third quarter. Thanks to new production, expanded-credit MBS remained the top source of non-agency MBS, though issuance is slowing. (Includes data chart.)

FSOC Secondary Market Review Omits Non-Agency Sector

October 2, 2020

Brandon Ivey

The Financial Stability Oversight Council’s review of the secondary mortgage market focused solely on the GSEs. Bottom line: Regulators endorsed con-servative capital requirements recently unveiled by the FHFA.

CFPB’s QM Proposal Would Help Many Jumbo Non-QMs

October 2, 2020

Brandon Ivey

More than $40 billion of jumbos originated in 2019 were non-QMs because they had DTI ratios greater than 43%. Many of the loans would be QMs if they were originated under the CFPB’s proposed QM standards. (Includes data chart.)

Impairments of Loans in Non-QM MBS Decrease Slightly in August

October 2, 2020

Brandon Ivey

Some 19.2% of non-QMs in MBS were modified or delinquent as of the end of August, down 70 basis points from July. Loan performance improved even as enhanced unemployment benefits expired.

Chase, Credit Suisse Round Out MBS Issuance in September

October 2, 2020

Brandon Ivey

In late September, JPMorgan Chase brought two prime non-agency MBS to the market while Credit Suisse offered a non-QM deal.

Lenders, Consumer Advocates Divided on Seasoned QM Proposal

October 2, 2020

Brandon Ivey

While lenders like the CFPB’s proposal to provide QM status to certain non-QMs if the loans perform well for the first three years after origination, con-sumer advocates warned of reduced protections for borrowers.

Brandon Ivey

ARTICLES

Asset Manager Readies Its First Non-QM Deal

Wells Stocks Non-Agency MBS with Post-Volatility Jumbos

Prime Non-Agency MBS Issuance Rebounds in 3Q20

Another Nonbank (Caliber) Unveils IPO Plans, CEO Earned $20 Mil Last Year

Prime Non-Agency MBS Issuance Rebounds in 3Q

FSOC Secondary Market Review Omits Non-Agency Sector

CFPB’s QM Proposal Would Help Many Jumbo Non-QMs

Impairments of Loans in Non-QM MBS Decrease Slightly in August

Chase, Credit Suisse Round Out MBS Issuance in September

Lenders, Consumer Advocates Divided on Seasoned QM Proposal

Latest Imf News

Better Takes Another Loss in 3Q

Newrez Finds Success With Non-Agency Mortgages in 3Q

FHA Partners With SSA on Data Exchange Program

Commercial MBS Investors Seek Changes to Deals

Featured Data

Top Ginnie Servicers Increase Portfolios in Third Quarter

Major Lenders Pull Back on ECM MBS in 3Q

Resets Drive CLO/CDO Issuance Higher in 3Q

Originations Tumble 16% in Third Quarter

Featured Reports

GSE Repurchase Activity: Cumulative Through Second Quarter 2026 (PDF Format)

Mortgage Profitability Report 2Q26 (PDF)

Guide to Mortgage Lending to First-Time Homebuyers

Mortgage Servicing Rights Report: 2Q26 (PDF)

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?