GreenSky, Goldman Fix Up Home-Improvement ABS August 1, 2024 James Dohnert A new issuance from GreenSky adds to a growing securitized home-improvement loan market.Read More
Lenders Beefing Up Staff Ahead of Expected Rate Cut August 1, 2024 James Dohnert Some lenders are ramping up hiring in anticipation of a cut in interest rates later this year. However, some observers don’t believe a rate cut will boost originations enough to warrant rising headcounts.Read More
Redwood Profits Drop in Second Quarter August 1, 2024 James Dohnert The jumbo originator and seller saw its profits decline some from the first to the second quarter.Read More
PrimeLending Program to Track Non-Traditional Payments July 26, 2024 James Dohnert The lender’s new Loan Lift program tracks data such as rent payments and peer-to-peer payment app transactions for mortgage underwriting.Read More
Data Center Growth Could Outpace MBS/ABS Space July 25, 2024 James Dohnert Growth in the AI and cloud computing space could push some share of data-center financing outside of MBS and ABS.Read More
KBRA Downgrades ABS Deals From LendingPoint July 25, 2024 James Dohnert KBRA has downgraded six tranches from LendingPoint ABS issued between 2021 and 2022.Read More
Expanded-Credit MBS Issuance Up Slightly in 2Q July 25, 2024 James Dohnert Issuance grew 2.8% on a sequential basis to $9.62 billion in the second quarter of 2024.Read More
Some Shifts in Cash Purchase Activity Among Homebuyers July 25, 2024 James Dohnert Investors are increasingly turning to the mortgage market to fund their home purchases rather than paying all cash.Read More
Citi Enters Jumbo MBS Market for First Time in 2024 July 22, 2024 James Dohnert The $507.9 million Citi deal includes loans originated by Rocket Mortgage and others...Read More
More Luxury Homebuyers Turn to Cash July 22, 2024 James Dohnert Philip White of Sotheby’s International Realty said the stock market’s performance will impact luxury home buyers more than a decline in rates.Read More