January 17, 2020A Milestone: Non-Agency MBS Issuance Hits a Post-Crisis High in 2019Fun Fact: The expanded-credit MBS sector posted a hefty 130.3% jump in new issuance during 2019…
January 16, 2020By Brandon IveyAngel Oak Stocks Expanded-Credit MBS with Fixed-Rate MortgagesExpanded-credit MBS with a small share of adjustable-rate mortgages are somewhat rare.
January 15, 2020By Paul MuoloShort Takes: FHFA Restructures CSS Board / Meaning? / JPM Readies Non-Agency MBS / New Applications SpikeThe FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…
January 14, 2020By Paul MuoloShort Takes: A Shout-out for the NHTF / Pulling the Lever on Fannie, Freddie Disbursements / Annaly and Caliber Ready Non-Agency MBS Deals / Impac Attorney Departs for Sprout
January 13, 2020By Paul MuoloShort Takes: Problems in Non-QM Land? / Not Really / Keeping an Eye on Velocity’s IPO / BofA Gets CFPB ‘No Action’ Letter / One is the Loneliest Number (Among the Top Ginnie Issuers)
January 10, 2020By Paul MuoloShort Takes: Blowout Earnings for the GSEs? / Juicing the Debate / A Frothy Non-QM Secondary? / Dow 29,000 / Greystone Buys Commercial Servicer
January 10, 2020By Paul MuoloNonprime Lender Readies IPO, Wall Street Lines Up to Underwrite the Deal