FHFA Slashes Commingling Fee but Is It Enough? January 27, 2023 Dennis Hollier Some analysts wonder if the fee cut is sufficient enough to drive the GSEs to resume issuing MBS with commingled collateral.Read More
A Non-QM Deal With a WAC of Close to 9% January 26, 2023 Paul Muolo Given the yield on the security, the offering should be well received.Read More
Agency Delinquencies Begin to Head North January 24, 2023 Brandon Ivey Much of the increase in the fourth quarter was tied to newly-delinquent loans...Read More
Freedom Financial Ready to Market Another HELOC Securitization January 24, 2023 Brandon Ivey Freedom Financial issued a similar HELOC deal in November.Read More
Santander to Issue Non-Agency Credit-Risk Transfer January 23, 2023 Brandon Ivey Santander stopped originating mortgages in the U.S. almost a year ago, then outsourced the function to Rocket...Read More
For the First Time Since Early 2019, Ginnie Issuance Below $100B January 18, 2023 Andras Malatinszky The VA side of the aisle took a larger hit, plummeting 23.6% to $39.72 billion...Read More
An Ugly 4Q22 Decline for EC MBS January 17, 2023 Brandon Ivey JPMorgan Chase was the top prime-jumbo and EC MBS underwriter in 2022...Read More
RMBS Issuance Stumbles to Lowest Output Since 2013, Some Life in Seconds January 13, 2023 John Bancroft The only gain was the niche market in securitized second-lien mortgages.Read More
Redwood Back in the Jumbo MBS Market After Long Absence January 12, 2023 Brandon Ivey Loans in the new jumbo MBS have seasoned for an average of six months...Read More
GSE Loan Purchases Head South, 4Q Volume at Just $159 Billion January 10, 2023 Dennis Hollier Among nonbanks, the larger shops saw their slice of the pie grow by two percentage points.Read More