Annaly Returns to Profitability in Second Quarter July 27, 2023 Brandon Ivey The $161.2 million in net income was nowhere near enough to wipe out the $839.3 million loss the REIT took in the previous quarter.Read More
CrossCountry to Issue Its Own Expanded-Credit MBS July 26, 2023 James Dohnert CrossCountry is set to issue its first expanded-credit security created in partnership with Hildene Capital Management.Read More
Non-Agency MBS Issuance Stumbles in Second Quarter July 24, 2023 John Bancroft Bright spots: Issuance of non-agency securities classified as Alt A...Read More
Non-Agency MBS Issuers Offer New Deals July 21, 2023 James Dohnert A&D Mortgage, Annaly Capital Management, Invictus Capital Partners and JP Morgan all are expected to issue new non-agency mortgage-backed securities this month.Read More
Non-QMs Attractive Investments for Life Insurers July 20, 2023 James Dohnert The growth is partly due to improved dynamics between life insurers and mortgage partners.Read More
FirstKey Mortgage to Issue Second CES Securitization of 2023 July 19, 2023 James Dohnert FirstKey Mortgage is expected to issue a MBS of closed-end second-lien loans amid growing demand for the product.Read More
Non-Agency MBS Issuance Declines in Second Quarter July 18, 2023 James Dohnert Several usually active issuers had no issuance in the second quarter, including Angelo Gordon, Ellington Financial REIT and Redwood Trust.Read More
Short Takes: Small Profits / Few Homes for Sale / DBRS Ready to Rate HEI Securitizations July 18, 2023 Brandon Ivey FirstBank's mortgage division generated small profits in May and June.Read More
SFR Market Softening as Investors Assess Lower Returns July 17, 2023 James Dohnert Investors are reassessing their property portfolios due to shrinking income yields and rising rates...Read More
Ratings Likely for Fix-and-Flip Securitizations July 14, 2023 James Dohnert The first large revolving RTL securitization was issued in 2018 and to this point, none of the deals in the sector have received ratings.Read More
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