February, a Tough Month for GSE Loan Sales March 6, 2023 Dennis Hollier The top three sellers for February: UWM, PennyMac Financial and Rocket Mortgage...Read More
Another Ugly Reading for Mortgages: February MBS Issuance Hits 18-Year Low March 3, 2023 John Bancroft For the sixth month in a row, Ginnie was the top agency issuer...Read More
Goldman Readies Non-QM MBS with Loans from CrossCountry March 3, 2023 Brandon Ivey Goldman has only issued a handful of expanded-credit MBS, the most recent coming about a year ago.Read More
Commingle Activity Remains Limited in Second-Level MBS from GSEs March 2, 2023 John Bancroft FHFA's plans to reduce the fee on commingled securities from the GSEs followed another quarter with limited commingling.Read More
Ginnie Promotes Valverde, Seeks New COO March 2, 2023 Monica Hogan Ginnie promoted Sam Valverde to principal executive vice president and is seeking a new executive vice president and chief operating officer to replace him.Read More
Redwood Stocks Latest MBS with Older Loans, Some Expanded-Prime March 2, 2023 Brandon Ivey Redwood's latest MBS includes somewhat older loans and a mix of super-prime mortgages and expanded-prime collateral.Read More
Ginnie's McCargo: Issuers Weathering the Mortgage Storm. However... February 28, 2023 Brandon Ivey Issuers are largely meeting Ginnie's capital requirements, though liquidity remains a concern.Read More
Second-Level MBS Issuance Up in 4Q22 February 27, 2023 John Bancroft The GSEs issued $192.18 billion of Supers in the fourth quarter, a 65.5% boost from the previous period...Read More
CRT Issuance Facing Regulatory Hurdles February 27, 2023 Brandon Ivey The SEC’s proposed rule on conflicts of interest in the securitization market would limit many types of CRT issuance...Read More
Cerberus Affiliate Aggregates Seconds From Rocket, Spring EQ February 23, 2023 Brandon Ivey Up until now, FirstKey’s securitization activity has been focused on seasoned collateral.Read More
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