Variety of Expanded-Credit MBS Offered by Issuers August 11, 2021 Brandon Ivey Annaly packaged newer non-QMs, MFA's deal is stocked with loans that have seasoned for about a year and Velocity focused on investment properties/small balance commercial.Read More
Goldman, Guaranteed Rate Team Up on Non-Agency MBS (Again) August 10, 2021 Brandon Ivey Goldman's MBS is stocked with GSE-eligible mortgages on investment properties originated by nonbank mortgage giant Guaranteed Rate...Read More
Chimera Back in the Non-Agency MBS Market with GSE-Eligible Loans August 9, 2021 Brandon Ivey While numerous other issuers have rushed into the market with GSE-eligible loans in non-agency MBS, this is Chimera's first such deal of the year.Read More
Flagstar Top Contributor to Expanded-Credit MBS in 2Q21 August 4, 2021 Brandon Ivey Some $1.12 billion of ECMs originated by Flagstar were included in non-agency MBS during 2Q21. The lender is slated for sale to NYCB.Read More
Investment-Property MBS Gains Traction (Thank You FHFA) August 3, 2021 Brandon Ivey As has been the case for the past few months, the IP deals were largely stocked with loans that were eligible for sale to Fannie and Freddie...Read More
Longbridge Preps its First Non-Agency MBS with Proprietary Reverse Mortgages August 3, 2021 Brandon Ivey Loans in the reverse MBS were originated between 2019 and this year, according to a presale report from DBRS.Read More
The Reason Behind Non-QM Growth: Plentiful Warehouse Credit August 2, 2021 Paul Muolo Silvergate Bank is one of the more active warehouse financiers in the non-QM space...Read More
Forbearance Reading Ticks Up. Trouble Ahead? (Probably Not) July 30, 2021 Paul Muolo Black Knight: “While still low, new forbearance plans hit their highest weekly level since late March, with restart activity also remaining elevated.”Read More
Jumbo Business Mellows, SFR Soars at Redwood in 2Q21 July 29, 2021 Brandon Ivey Margins on the aggregation of jumbos came back down to earth while Redwood's business purpose lending unit flourished...Read More
Nomura Ramping Up Investment-Property Non-Agency MBS Issuance July 28, 2021 Brandon Ivey Nomura issued its first investment-property non-agency MBS in May.Read More
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