The GSEs Attempt Clarity on QM Changes June 4, 2021 Brandon Ivey The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...Read More
Issuance of MBS with Newer Non-QMs Inches Northward June 4, 2021 Brandon Ivey Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...Read More
Ellington Stocks Latest MBS with a Mix of Non-QMs June 3, 2021 Brandon Ivey Roughly one-third of mortgages have seasoned for more than two years and were called from previously issued MBS.Read More
'Traditional' GSE Mortgages Serve as Collateral for Provident's Non-Agency MBS June 2, 2021 Brandon Ivey Fun fact: Close to 50% of mortgages in the deal received waivers from the GSEs for traditional appraisals.Read More
Banks Show More Interest in ABS, Favoring Auto Deals June 2, 2021 John Bancroft A big chunk of the gain in auto ABS came at the top of the list. Read More
Two Agency-Eligible Investor-Loan MBS Deals in a Week. Thank You FHFA May 28, 2021 Paul Muolo When one MBS window closes, another appears...Read More
CFPB Sees Stark Differences in the Manufactured Home Lending Market May 28, 2021 Lisa Burden Refinances are a rarity among manufactured housing loans, according to the study.Read More
Non-Agency Jumbo Sector Gains Market Share May 26, 2021 Brandon Ivey Jumbos accounted for 9.2% of all home originations in the first quarter, an increase from 8.9% in 4Q20. Read More
UWM Quickly Packages Conforming Jumbos into Non-Agency MBS May 24, 2021 Brandon Ivey KBRA noted that UWM is "appropriately staffed on production and control functions to handle its present growth relative to increased volume."Read More
Surprise: A New IPO Notice, This One From Angel Oak's Non-QM REIT May 21, 2021 Brandon Ivey No gas left in the mortgage IPO tank? Think again.Read More