Profits Jump at Rithm; Capital Requirements a Tailwind August 2, 2023 Brandon Ivey The real estate investment trust expects to benefit from higher capital requirements for large banks.Read More
Sterling Bank Moving Past Non-QM Troubles August 2, 2023 James Dohnert Fraud in a non-QM program nearly toppled Sterling Bank and Trust.Read More
Expanded-Credit MBS Issuance Down in Second Quarter August 1, 2023 James Dohnert Issuance declined by 22.9% on a quarterly basis in the second quarter.Read More
Short Takes: Trade Groups Win Against CFPB / Sale on Non-QMs / A Mortgage and Life Insurance August 1, 2023 Brandon Ivey ABA and Texas ABA members win a delay on compliance with the CFPB's data collection requirements on small business lending.Read More
Redwood Sourcing Jumbos From Banks July 31, 2023 James Dohnert Banks are now more willing to deliver jumbos to Redwood due to regulatory pressure and other issues.Read More
Non-QM Pricing Choppy for Whole Loans, MBS July 28, 2023 Paul Muolo Prices for non-QMs sold as whole loans are down a bit while spreads on MBS are declining, indicating increasing demand.Read More
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
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