March 26, 2020By Paul MuoloShort Takes: A Tremendous Recovery? / Non-QM Layoffs Coming? / Will Ocwen Blow it This Time Around? / India / GSE Reform Kaput?In the stock market, we trust. Right? Meanwhile: Ocwen to the rescue? (Too bad Ditech didn't survive.)
March 25, 2020By Brandon IveyFed's Relief Efforts Not Reaching Non-Agency MarketActions by the Fed to help the mortgage market haven't don't much for non-agency MBS. Issuance ground to a halt and a number of lenders suspended production.
March 24, 2020By Brandon IveyThe Latest Shoes to Drop: Angel Oak Wholesale, Citadel Suspend Non-QM LendingTwo of the top originators of non-QMs suspended lending operations on Monday, citing complications from the coronavirus.
March 24, 2020By Paul MuoloNYMT Mortgage-Investing REIT Says It Can’t Make Its Margin Calls. Other REITs Feeling the Heat as Well
March 21, 2020By Paul MuoloAs Coronavirus Worsens, Calls Mount to Let the GSEs Buy MBS / Hike the Conforming Loan Limit? / Mortgage Bankers: ‘Essential’ Workers
March 18, 2020By Paul MuoloCoronavirus Fallout: New Applications Drop 8%, A Bottleneck at County Court Houses?