Another Tough Quarter for Non-QM REIT Angel Oak. However... August 10, 2022 Brandon Ivey Despite the difficulties, AOM is increasing its warehouse financing capacity and working to acquire non-QMs with higher interest rates.Read More
Nonbanks Turn to Home-Equity Products, Other Alternatives August 10, 2022 Brandon Ivey Raymond James' MGD John Toohig said he received more calls about home-equity lines of credit in July than he had in his entire career.Read More
Volatility in Expanded-Credit Market Shakes Up MBS Contributors August 8, 2022 Brandon Ivey Among the top five contributors to expanded-credit MBS in 2021, only two cracked the top five in 2Q22...Read More
Western Asset’s Non-QM-Focused REIT Considering Sale August 5, 2022 Brandon Ivey At June 30, the REIT held non-qualified mortgages of roughly $1.24 billion...Read More
Redwood Swings to Loss in 2Q, Jumbo Acquisitions Drop July 29, 2022 Brandon Ivey Redwood took losses on both its long-term investments and jumbo aggregation activity in the second quarter.Read More
Radian Launches Non-Agency Conduit July 25, 2022 Paul Muolo Radian joins Arch MI as mortgage insurance companies that now have non-agency conduit operations.Read More
Surprise: Lone Star Stocks MBS with Loans Funded by Now-Defunct Sprout July 22, 2022 Brandon Ivey Lone Star made some adjustments to its typical MBS issuance practices to help protect investors from any fallout tied to Sprout.Read More
SFA Roundup: Time to Buy Structured Finance Assets Again? Hmm… July 22, 2022 Brandon Ivey According to Michael Daurio, head of capital markets at AMIPM, an investor in distressed mortgages, the structured finance market has been on a wild ride...Read More
Short Takes: Michael Strauss’ Last Stand / Not the Hamptons House / No Word / In Good Standing? / A New Compliance Chief for Freddie July 22, 2022 Paul Muolo and Brandon Ivey Now, if the house was in Jones Beach, that might be a different matter...Read More
A Counterintuitive Move: Enter Non-QM Market July 20, 2022 Paul Muolo Licensed in 50 states, Celebrity is employee owned.Read More
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