Mega REIT Annaly Plans to Increase Non-Agency Mortgage Activity May 3, 2022 Brandon Ivey No secret here: Annaly is becoming a player in the non-agency whole loan market...Read More
Ginnie Delinquencies Decline in 1Q22 May 3, 2022 Monica Hogan Late payments on FHA loans narrowed by 78 basis points from the fourth quarter of 2021...Read More
Expanded-Credit MBS Issuance Hits Record in 1Q22 May 2, 2022 Brandon Ivey The increase in expanded-credit MBS issuance in 1Q22 was driven by non-QMs...Read More
Buyouts from Ginnie MBS Revert Back to Pre-Pandemic Levels April 29, 2022 Brandon Ivey Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.Read More
A Strong 1Q22 Profit for Freddie April 28, 2022 Paul Muolo Freddie took in new business of $207.0 billion in the January-March period, down 23.6% sequentially...Read More
Second Liens from Spring EQ Back New Non-Agency MBS April 27, 2022 Brandon Ivey Saluda Grade has issued a handful of other non-agency MBS backed by second liens...Read More
ABS Starts Strong in Early 2022, Driven by Key Sectors April 22, 2022 John Bancroft The two biggest asset classes in the ABS market – vehicles and business finance — accounted for most of the first-quarter surge.Read More
GSE Investment-Property Volume Holds Up Fairly Well in 1Q22 April 20, 2022 Brandon Ivey Noncore products entail collateral that might be handled by the non-agency market...Read More
MBS Trading Sinks to Yearly Low April 20, 2022 Paul Muolo It’s not just that rates have increased, it’s that it’s happened so rapidly over such a short period of time...Read More
Ginnie Issuance Declines in 1Q22, PennyMac Leads the Pack April 19, 2022 Monica Hogan The three largest Ginnie Mae issuers were PennyMac Financial, Lakeview and Freedom Mortgage...Read More