Hildene Capital Closes Its Largest Non-QM Deal of the Year November 22, 2024 James Dohnert The deal under the CROSS shelf is backed entirely by mortgages originated by CrossCountry Mortgage.Read More
A Slate of New Non-Agency MBS Around the Corner November 22, 2024 James Dohnert The non-agency securitization market has picked up pace over the past two weeks as issuers prepare to close deals before the end of the year.Read More
Needed: A Robust Securitization Market for CDFI Loans November 22, 2024 James Dohnert Securitization could be used to boost liquidity for CDFIs, but challenges exist for the institutions to enter the secondary market.Read More
News Briefs November 22, 2024 James Dohnert Splitero expands to Arizona; A&D Mortgage launches free CRM; Achieve updates terms on HELOC product.Read More
Non-QMs See Increased Delinquencies, Few Losses November 21, 2024 James Dohnert MBS investors have largely been unscathed from rising delinquencies on non-QMs thanks to cures and structural protections. Read More
Recent Borrowers Plan to Refi Even If Rate Cuts Fall Short November 21, 2024 James Dohnert The majority of recent homeowners who responded to a survey conducted by TransUnion said they plan to refinance in the next 12 months.Read More
Borrowers Turn to Advisory-Focused Lenders for Guidance November 15, 2024 James Dohnert A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.Read More
Blend Labs Hits Financial Milestone in 3Q November 15, 2024 James Dohnert Officials at Blend are optimistic the mortgage technology provider will reach its goal of sustained profitability in the fourth quarter.Read More
Investcorp Preps CMBS With Sharia-Compliant Loans November 14, 2024 James Dohnert The planned $210 million issuance is backed by commercial real estate loans for properties in Minneapolis.Read More
Locks Increase for Purchase Mortgages in October November 14, 2024 James Dohnert Despite a traditional slowing in loan locks in October, Optimal Blue found more demand for nonconforming and FHA loans.Read More