Short Takes: Still No Capital Re-Proposal / Winner of NPL Auction / Compliance Dataset From MISMO / NYMT Back With IPL MBS October 11, 2024 Brandon Ivey No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.Read More
Short Takes: Projecting Impact of Hurricane Milton / Pending Home Sales Tick Up / Discount on Non-Agency Refis / Distillery Acquires Mortgage Tech Provider October 10, 2024 Brandon Ivey Damage costs from Hurricane Milton could affect insurance underwriting margins and earnings.Read More
Loan Limit Head Start Could Come With Complications October 9, 2024 Brandon Ivey Loans made with balances above the 2025 loan limits won’t be eligible for delivery to the GSEs’ standard programs.Read More
Rare Non-Agency MBS With Loans for Manufactured Homes October 9, 2024 Brandon Ivey Loans in the MBS were originated by Southwest Stage Funding via its Cascade Financial Services unit.Read More
Short Takes: Application Trends Split / Arvest Bank’s Servicer Rating Downgraded / HEL Securitizations / MBS From Angel Oak October 9, 2024 Brandon Ivey Demand for refis declined last week while applications for purchase mortgages held steady.Read More
Short Takes: Home Prices a Hurdle / MBA Expands Convergence Initiative / Fannie Selling RPLs / Jumbo MBS From Chase October 8, 2024 Brandon Ivey Elevated home prices are limiting home sales.Read More
MBS Investors Protected as Non-QM Delinquencies Rise October 4, 2024 Paul Muolo Even with elevated levels of delinquencies, MBS investors are protected due to credit enhancement and low loan-to-value ratios.Read More
Short Takes: Strong Recapture Rate for Planet Home / Jumbo MBS From Redwood / New CRT From Freddie / Home Improvement Securitization October 4, 2024 Brandon Ivey Fitch Ratings upgraded its servicer ratings of Planet Home Lending, citing a strong recapture rate, among other attributes.Read More
Mortgage Securitization Rate Ticks Down in Second Quarter October 3, 2024 Brandon Ivey An estimated 64.2% of newly-originated home loans were securitized in the second quarter, down from 67.2% in the first quarter.Read More
Waterfall Offers Non-Agency MBS With Wide Variety of Loans October 3, 2024 Brandon Ivey The MBS is stocked with scratch-and-dent loans, early buyouts from Ginnie MBS and non-QMs.Read More
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