Nomura to Issue its First Warehouse Funding Securitization June 14, 2021 Brandon Ivey Initially, the securitization will facilitate originations by Finance of America Mortgage and Quicken Loans...Read More
REITs Rein in Agency MBS in 1Q21, But a Slight Uptick for Non-Agency June 11, 2021 John Bancroft However, the group did post a 1.9% increase in its investment of non-agency MBS, boosting aggregate holdings to $7.07 billion.Read More
Agencies Lag Behind in 1Q21 Jumbo Mortgage Lending June 10, 2021 John Bancroft All things equal, "agency" jumbo volume might be expected to grow when loan limits are raised.Read More
Goldman to Issue $1.04 Billion Prime Non-Agency MBS June 10, 2021 Brandon Ivey Previously, the largest post-2010 prime non-agency MBS from Goldman was a $622.1 million deal issued in April.Read More
Credit Union Steps Up to Buy TIAA’s Correspondent Unit June 9, 2021 Paul Muolo No purchase price was revealed. It marks at least the second known correspondent sale of the spring/summer season...Read More
Angel Oak’s REIT Could Raise Close to $200 Million with IPO June 9, 2021 Brandon Ivey After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...Read More
Flagstar Boosting its Prime Non-Agency MBS Issuance June 8, 2021 Brandon Ivey The collateral was originated by Flagstar and has seasoned for roughly two months.Read More
Ginnie Mae Market Sags in May as Refinance Drops Sharply June 8, 2021 John Bancroft A slowdown in refinance activity was responsible for the May swoon.Read More
A&D Mortgage, PIMCO Ready Non-QM MBS Deals June 7, 2021 Brandon Ivey A&D's MBS is stocked with new production while PIMCO is tapping mortgages originated by Citadel Servicing Corp. nearly four years ago.Read More
Agency Single-Family Business Tumbles in May June 4, 2021 John Bancroft With mortgage rates climbing for most of the year, a pullback in refinance activity was expected.Read More
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