Expanded-Credit MBS Issuance Ramping Up April 19, 2023 James Dohnert Annaly Capital Management, A&D Mortgage and Lone Star Funds started marketing expanded-credit MBS this week.Read More
Non-Agency MBS, CRT Withstand Issues at Regional Banks April 18, 2023 Brandon Ivey Kroll Bond Rating Agency doesn't expect to take actions on outstanding non-agency MBS and CRT issuance tied to failed banks or regional banks experiencing volatility.Read More
Surprise: RMBS Issuance Stages a First Quarter Rally April 17, 2023 John Bancroft Most of the prime MBS were garden-variety jumbo deals.Read More
A Bright Spot: Non-Agency MBS Issuance in 1Q23. However... April 10, 2023 Brandon Ivey Invictus Capital Partners was the top-ranked non-agency MBS issuer in the first quarter.Read More
Non-QM Impairments Increase but Not a Problem Quite Yet April 10, 2023 James Dohnert However, the increase in impairments doesn’t necessarily indicate widespread problems...Read More
Fix-and-Flip Lender Grows Portfolio by Almost 40% March 31, 2023 Paul Muolo Sachem’s loans range in size from $2,600 to $27.3 million. Wells Fargo is one of its financiers...Read More
Chimera Readies New DSCR Security March 31, 2023 Paul Muolo A large chunk of the loans were funded by Kiavi Funding and Lendmarq...Read More
First Republic Facing Scrutiny Following Bank Failures March 30, 2023 Brandon Ivey The bank's stock price is down significantly and a deposit infusion from big banks prompted downgrades of First Republic's ratings.Read More
Banks Squirrel Away First Liens. Of Note: First Republic March 29, 2023 Brandon Ivey First Republic's first-lien holdings jumped 28.7% last year...Read More
Figure Readies MBS Backed by Nonbank-Originated HELOCs March 29, 2023 Brandon Ivey It's the first HELOC securitization from Figure to receive a credit rating.Read More