Wells Fargo is looking like a regular issuer of jumbo MBS these days. The bank tested the market in October and January and is currently working on a $553.6 million deal.
PIMCO Mortgage Income Trust hopes to raise $1.0 billion with a planned initial public offering. The new REIT will focus its investments on agency MBS...
“One of the things we’re very focused on and I’ve been pretty vocal about is doing term financing on as much of our business as we possibly can,” Michael Nierenberg, New Residential’s chairman, president and CEO.
To date, Fannie has upstreamed $179.0 billion in quarterly dividends to Uncle Sam versus assistance draws of $118.9 billion, giving it an account surplus of $59.2 billion...