Angel Oak Preps MBS Backed by 5.2% (Older) Non-QMs March 7, 2023 Brandon Ivey The loans backing the deal have seasoned for an average of 15.5 months...Read More
Goldman Readies Non-QM MBS with Loans from CrossCountry March 3, 2023 Brandon Ivey Goldman has only issued a handful of expanded-credit MBS, the most recent coming about a year ago.Read More
Redwood Stocks Latest MBS with Older Loans, Some Expanded-Prime March 2, 2023 Brandon Ivey Redwood's latest MBS includes somewhat older loans and a mix of super-prime mortgages and expanded-prime collateral.Read More
A Slightly Faster Decline for Jumbo Lending March 1, 2023 Brandon Ivey Truist saw its jumbo volume plunge by 72.5% in the fourth quarter.Read More
CRT Issuance Facing Regulatory Hurdles February 27, 2023 Brandon Ivey The SEC’s proposed rule on conflicts of interest in the securitization market would limit many types of CRT issuance...Read More
Fix-and-Flip Player Anchor Has a New CEO February 24, 2023 Paul Muolo Mathoda’s resume includes stints at Genesis Capital and McKinsey & Co.Read More
Cerberus Affiliate Aggregates Seconds From Rocket, Spring EQ February 23, 2023 Brandon Ivey Up until now, FirstKey’s securitization activity has been focused on seasoned collateral.Read More
FoA Strikes Deal to Unload Its Fix-and-Flip Unit February 21, 2023 Paul Muolo FoA, once a prime and non-QM lender/servicer, has been restructuring its business over the past year...Read More
PIMCO Unit Securitizing Somewhat Seasoned Non-QMs Originated by Acra February 21, 2023 Brandon Ivey Non-QMs in the MBS have an average coupon of only 5.00%.Read More
Non-QM Lenders' Guarded Optimism on 2023 Market February 17, 2023 Brandon Ivey After a tough 2022, some market participants say the outlook for investment property lending is starting to look up.Read More