Expanded-Credit MBS Issuance Down in Second Quarter August 1, 2023 James Dohnert Issuance declined by 22.9% on a quarterly basis in the second quarter.Read More
Redwood Sourcing Jumbos From Banks July 31, 2023 James Dohnert Banks are now more willing to deliver jumbos to Redwood due to regulatory pressure and other issues.Read More
Expanded-Credit MBS Issuance Falls in 2Q23 July 28, 2023 James Dohnert After a first-quarter rally, expanded-credit MBS issuance came back down to reality in the second quarter of 2023.Read More
Redwood to Increase Jumbo Activity Through Bank Partnerships July 28, 2023 James Dohnert Redwood Trust believes banks will need to turn to new liquidity partners as regulatory pressure mounts.Read More
GSE Activity Moves Further From Noncore Products July 28, 2023 James Dohnert Noncore product GSE volume remained low in the second quarter, save for an increase in conforming jumbos.Read More
Banks Pull Back From Jumbo Lending Despite Rising Home Prices July 28, 2023 James Dohnert While home prices are providing a lift for jumbo originations, many banks have a risk aversion to the products in the current rate environment.Read More
CrossCountry Plans to Issue its First Non-Agency MBS July 28, 2023 James Dohnert CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.Read More
Sterling Hopes to Move Past Non-QM Troubles July 28, 2023 James Dohnert Sterling Bank and Trust leadership said they were optimistic that they will be able to move forward after paying $27.2 million in restitution to shareholders tied to fraud on a shuttered non-QM program.Read More
New Fix-and-Flip Lender Has U.K. Ties July 28, 2023 James Dohnert Entrepreneur Christian Faes has launched F2 Financing, a fix-and-flip lender looking to compete in the evolving sector.Read More
News Briefs July 28, 2023 James Dohnert Carrington introduces 40-year loan program; Moody’s upgrades NewRez’s expanded-credit business; DBRS Morningstar updates home equity asset class ratings methodology.Read More