Loans to Foreign Nationals Pose Some Risks to Investors June 27, 2024 James Dohnert Loans to foreign nationals are increasing in the non-agency MBS market, but inherent risks in the asset present ratings challenges.Read More
S&P Updates Ratings Criteria for Data Center Securitizations June 27, 2024 James Dohnert S&P Global Ratings has updated its ratings methodology for data center ABS to better account for property values and insurance risks.Read More
Smaller Investors Using Non-QMs for Home Purchases June 27, 2024 James Dohnert Investor purchases of single-family rentals are on the rise, with many of the new rentals being owned by smaller independent investors.Read More
Nonprime Servicing Portfolios Tick Up in First Quarter June 27, 2024 James Dohnert Chase was the only servicer among the top five to have its nonprime mortgage servicing portfolio shrink between the fourth and the first quarters.Read More
MBS Backed by RTLs See Strong Investor Demand June 26, 2024 James Dohnert A new rating methodology boosts investor interest in fix-and-flip securitizations.Read More
Short Takes: Angel AI Announces Credit Repair Tool / HGI Credit Platform Reaches Milestone / Xactus Hires CFO / Mortgage Apps Up June 26, 2024 James Dohnert The AI chatbot tool is available now in various languages…Read More
Housing Prices at All-Time High Heading Into Summer June 25, 2024 James Dohnert The National Home Price Index gained 6.3% in April on an annual basis.Read More
HEL Lenders Innovate for Secondary Market June 25, 2024 James Dohnert Changes in underwriting standards for non-QM loans are a slippery slope, according to investors.Read More
Short Takes: Annaly to Issue Non-QM MBS / Stream Innovations Preps Home Improvement Loans ABS / MISMO Gets New Board Members / New CFO at Change Lending June 25, 2024 James Dohnert Only one originator contributed enough loans to the Annaly MBS to be named...Read More
Redwood Increases Partnership Network (Thank You Basel III) June 24, 2024 James Dohnert About 45% of Redwood's secondary-market partners are banks...Read More