‘Noncore’ Share of GSE Activity Declining August 3, 2023 James Dohnert The core share of GSE activity increased to 81.2% in the first quarter, up from 79.4% in the previous quarter.Read More
MFA Falters in the Second Quarter August 3, 2023 James Dohnert Despite a strong quarter for originations, MFA Financial recorded a loss in the second quarter of the year.Read More
Sterling Bank Moving Past Non-QM Troubles August 2, 2023 James Dohnert Fraud in a non-QM program nearly toppled Sterling Bank and Trust.Read More
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