Short Takes: Applications Increase / HPA Accelerates / Fannie Selling RPLs / Another CES Securitization From Rocket April 17, 2024 Brandon Ivey Applications increased even as interest rates rose.Read More
Chase Goes Large With Latest Jumbo MBS Offerings April 16, 2024 Brandon Ivey The offering from Chase's conduit is the largest jumbo MBS from the conduit since 2022. And Chase is doubling up, with a separate deal stocked with mortgages originated by the bank.Read More
Non-Agency MBS Issuance Bolts From the Gates in 1Q24 April 15, 2024 John Bancroft Fun fact: Expanded-credit deals were the biggest source of new issuance in the first quarter...Read More
Non-QM Lenders Get Some Breathing Room April 15, 2024 Paul Muolo Non-QM lenders appear to be faring a little better than their conventional and government brethren...Read More
Short Takes: Inflation Reaction / No Give in Home Prices, Yet / LoanCare Rated on Servicing Second Liens / BofA Servicer Ratings Upgraded April 12, 2024 Brandon Ivey There's a disconnect between inflation readings and reactions to the figures, according to Sam Khater, chief economist at Freddie Mac.Read More
Morgan Stanley Ramps Up GSE-Eligible IPL Non-Agency MBS April 10, 2024 Brandon Ivey Morgan Stanley is packaging GSE-eligible mortgages for investment properties into non-agency MBS.Read More
Bank Mortgage Holdings Increase in 2023 April 2, 2024 James Dohnert On an annual basis, the holdings increased by 3.2%.Read More
Mixed Trends in Latest Non-Agency MBS April 2, 2024 Brandon Ivey Angel Oak Companies, Lone Star Funds and Redwood Trust kicked off the second quarter of 2024 with new non-agency MBS offerings.Read More
As Late Payments on Non-QMs Rise, Lenders Take Note April 1, 2024 Paul Muolo Loan trader Tad Dahlke said he’s seeing a pickup in delinquencies on non-QMs as well as Ginnie Mae loans...Read More
A Case to Watch for Business-Purpose Lenders? April 1, 2024 James Dohnert The plaintiffs, property investors Cassaforte Limited and FRF 348 Quincy, began the case in October 2019.Read More