Taiwanese Firm Buys a Stake in Mortgage REIT New Rez February 22, 2019 Paul Muolo The SEC filing does not state the purpose of the investment...Read More
Non-Agency Pricing for GSE-Eligible Loans in Flux February 21, 2019 Brandon Ivey Doyle noted it was the first time in a while that GSE-eligible loans put out for bid to non-agency investors failed to trade.Read More
JPM Set to Issue Another Jumbo MBS Backed by Loans with High LTVs February 19, 2019 Brandon Ivey United Shore Financial Services originated 60.6% of the collateral…Read More
SIFMA Wants Changes to VA Cash-Out Interim Rule February 19, 2019 George Brooks SIFMA noted that while Ginnie’s actions to curb abusive refinancing have been helpful, they have not solved the problem…Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More
Mortgage Securitization Rates Steady in 2018, Non-Agency Rising February 15, 2019 John Bancroft The Ginnie securitization rate hit 100.2%, but timing issues were involved…Read More
Redwood Cites Strong Competition in the Non-Agency Market February 15, 2019 Brandon Ivey Redwood President Dashiell Robinson said demand for whole loans remains strong...Read More
Lower Earnings for Fannie and Freddie, 4Q18 Dividend Payment On Track (For Now) February 14, 2019 Paul Muolo It’s rare but Fannie and Freddie reported results on the very same day…Read More
Annaly Posts a Whopping $2.25 Billion Loss for 4Q18, Eyes the Non-Agency Market February 14, 2019 Brandon Ivey Annaly CEO Kevin Keyes said the REIT is working to diversify its investment strategy, including a focus on acquiring new non-agency mortgages…Read More
GSE Single-Family MBS Issuance Off to a Slow Start in January February 13, 2019 John Bancroft Wells Fargo, Quicken Loans and PennyMac ranked first, second and third, respectively, in loan sales to Fannie and Freddie during January…Read More