Potential Trouble: Low-Coupon Non-QMs Sitting on Warehouse Lines January 25, 2023 Paul Muolo Others found a way to avoid the day of reckoning, but time may be running out...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
Non-QM Performance Skids For a Third Straight Month January 18, 2023 Brandon Ivey Total impairments on securitized non-QMs reached 4.2% in November...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
Some Positive News For Non-QMs: Money Managers Need Yield January 11, 2023 Paul Muolo Acra ranks 11th among expanded-credit originators...Read More
CFPB Lingo Change Could Make Bank-Statement Loans Tricky January 9, 2023 Sam Manas Change Home Mortgage General Counsel Alan Lindeke said that could be an issue for some lenders...Read More
Turn Time Slows with Annaly’s Latest Non-QM MBS January 6, 2023 Brandon Ivey Loans in the new MBS have seasoned for an average of 5.4 months.Read More
RSS