Loans with Higher LTV Ratios in 4Q18 Jumbo MBS January 18, 2019 The average combined loan-to-value ratio on mortgages in jumbo mortgage-backed securities spiked towards the end of 2018, according to a new analysis by Inside Nonconforming Markets. [Includes two data charts]Read More
JPM Packs GSE-Eligible Collateral into a $978 Million Non-Agency MBS January 16, 2019 Brandon Ivey Roughly 42 originators are providing collateral for the JPM MBS…Read More
Short Takes: Worrying About What Mark Calabria Might Do / Ever Seated? / A Price War Brewing in Non-QM? / Tim Anderson’s Blockchain Job / Freddie Gets a New General Counsel January 15, 2019 Dennis Hollier and Paul Muolo We understand a bit of a price war may be brewing in the non-QM market... Read More
CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More January 11, 2019 Brandon Ivey and Yemeng Yang The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…Read More
Non-Agency MBS Issuance Faded in Fourth Quarter January 11, 2019 John Bancroft The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…Read More
New Residential Looks to be a Frequent Issuer of Non-QM MBS, Preps Latest Issuance January 10, 2019 Brandon Ivey New Residential also will buy non-QMs from lenders other than New Penn... Read More
Signs of Life in the MH Market: AZ Servicer of Manufactured Housing Loans Receives Rating, MBS Issuance Likely January 9, 2019 Brandon Ivey Cascade services $1.3 billion of product…Read More
Angel Oak Expects Sustained Non-QM Growth in 2019 January 9, 2019 Brandon Ivey The non-QM market is booming, said Angel Oak executive Tom Hutchens…Read More
Morningstar Expects Looser Underwriting on Non-Agency Loans in 2019 January 8, 2019 Brandon Ivey Morningstar expects the market share will increase for ARMs, interest-only loans and mortgages with higher loan-to-value ratios…Read More
Non-Agency MBS Issuance Nearly Doubled in 2018 January 7, 2019 Brandon Ivey JPMorgan Chase and Redwood Trust are the dominant issuers of non-agency MBS…Read More
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