July 10, 2020By Brandon IveyNon-Agency MBS Issuance Diverges in Second QuarterIssuance of prime non-agency MBS dropped in the second quarter while expanded-credit activity was up 5% from the first quarter. (Includes data chart.)
July 10, 2020By Brandon IveyWells, Neuberger Berman to Issue Non-Agency MBS in 3QWells Fargo is maintaining its steady issuance of prime non-agency MBS while a pending deal from Neuberger Berman is much larger than the expanded-credit MBS the firm issued in May.
June 26, 2020By Brandon IveyExpanded-Credit MBS Flood Market Toward Quarter-EndEleven expanded-credit MBS have been introduced since June 15, with a total unpaid principal balance of $3.4 billion.