Bayview to End Lull in Jumbo MBS Issuance October 12, 2022 Brandon Ivey Jumbo MBS creation has been limited amid rising interest rates.Read More
Ambac’s Countrywide MBS Lawsuit Ends With $1.8 Billion Settlement October 10, 2022 Brandon Ivey The ghost of Countrywide rises once again. Overall, Ambac was seeking damages of more than $3.0 billion from BofA...Read More
Non-QM Demand Varies, Creating Profitability Hurdles October 7, 2022 Brandon Ivey “Activity has been increasing," said LoanNEX's Eloise Schmitz...Read More
Agency MBS Issuance Took It On the Chin in 3Q22 October 6, 2022 John Bancroft Rocket and UWM ranked first and second, respectively, in terms of MBS issuance through the first nine months of 2022.Read More
Many Florida Properties in New Expanded-Credit MBS from Verus October 6, 2022 Brandon Ivey Nearly 16% of the properties in the EC MBS are in Florida...Read More
Non-QM REIT Lines Up New Borrowing Authority October 6, 2022 Paul Muolo The interest rate spread is 350 basis points over the one-month SOFR...Read More
Banks Boost 2Q22 MBS/ABS Held in Trading Accounts October 4, 2022 John Bancroft At midyear, bank holding companies valued their agency MBS held for trading at $219.07 billion...Read More
Angel Oak Gets Line of Credit Extension October 3, 2022 Paul Muolo The facility was negotiated a few days ago through AOMI subsidiary Peachtree Mortgage....Read More
CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit October 3, 2022 Brandon Ivey The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.Read More
Securitization Rates Tumble in Second Quarter September 30, 2022 John Bancroft Even with less competition from the non-agency market, the GSEs securitized only 81.5% of conventional-conforming originations in 2Q...Read More
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