COVID-Era Non-QM Delinquencies? Never Mind... March 10, 2022 Brandon Ivey dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...Read More
Expanded-Credit MBS Issuance Picking Up March 9, 2022 Brandon Ivey Issuance of expanded-credit MBS slowed as spreads widened and interest rates increased...Read More
Nonprime Servicers Expand Portfolios in 2021 March 8, 2022 Brandon Ivey Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...Read More
A Nice Bounce Back for Expanded-Credit Lending in 2021 March 7, 2022 Brandon Ivey Participants in the sector view the small market share as a sign there’s plenty of room for growth...Read More
Where's the Mortgage M&A Boom? March 4, 2022 Paul Muolo One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”Read More
A $1.3 Billion Loss for Blackstone-Financed FoA March 3, 2022 Paul Muolo Grubstaked by The Blackstone Group, FoA became a public company at $10.00 a share...Read More
Non-QM Loan Pricing Hits a Dry Patch February 28, 2022 Paul Muolo In recent weeks, buyers of non-QM whole loans have scaled back their bid prices.Read More
Securitization Rates Adjust Downward in 2021 February 25, 2022 John Bancroft Agency MBS issuance was up again in 2021 but modestly...Read More
Whole Loan Investor MFA Sees Net Income Fall Sharply in 4Q February 24, 2022 Brandon Ivey Much of the decline was linked to losses on residential whole loans measured at fair value.Read More
As Rates Rise, Jumbo MBS Issuers Face Timing Constraints February 23, 2022 Brandon Ivey Spread widening indicates weaker demand from MBS investors...Read More