An affiliate of Balbec Capital brought three deals in March alone with another set to begin marketing shortly. Goldman Sachs and Citi also issued non-agency MBS with reperforming loans.

loanDepot to issue its 11th mortgage warehouse securitization; Gray Media expands television securitization; Hooters bankruptcy could impact whole-business securitization.

The federal regulators’ decision to give in to pressure by trade groups representing banks isn’t sitting well with consumer advocates.

FHFA directed the GSEs to end their SPCPs, prompting renewed concerns that the Trump administration could take further actions to limit special purpose credit programs in the mortgage market.

It will be the 11th issuance of its type by loanDepot.

“UWM will be discontinuing our subservicing relationship with Mr. Cooper and they will no longer be [a mortgage servicing right] sale partner,” a UWM spokesperson said.

Reperforming loans sold by Fannie had an unpaid principal balance of $558.7 million.

“Tariffs and labor concerns contribute to our forecasts for flat to declining housing starts and completions in 2025 relative to 2024,” Fitch said.

Mr. Cooper was the eighth-largest correspondent aggregator in 2024.

Brookfield has more than $1.0 trillion in assets under management across a variety of sectors.