Rare ABS Tied to U.S. Remittances to Mexico October 31, 2024 James Dohnert The $500 million securitization is backed by proceeds from future remittance transactions sent from within the U.S. to Mexico.Read More
Expanded-Credit MBS Issuance Up 10% in Third Quarter October 31, 2024 James Dohnert Annaly Capital Management’s Onslow Bay Financial remained the top issuer of expanded-credit MBS in the third quarter.Read More
Income, Lock Activity Declines at Redwood in 3Q October 31, 2024 James Dohnert The REIT is off slightly from its pace in the second quarter. However, executives are optimistic that rising product demand and bank partnerships should continue to spur growth.Read More
Rate: Challenges Ahead for Jumbo Lending October 28, 2024 James Dohnert Meanwhile, Rate has issued three jumbo MBS deals in recent months...Read More
ARMs, IO Loans Help Boost ECM Securitizations in 3Q October 25, 2024 James Dohnert The volume of adjustable-rate mortgages and interest-only loans flowing into expanded-credit MBS increased from the second quarter to the third.Read More
Chase Offers Incentives for Jumbo Borrowers at the Bank October 25, 2024 James Dohnert Chase continues to push for ways to leverage its mortgage lending platform to bring in high net worth individuals to the bank.Read More
Annaly Returns to Profitability in Third Quarter October 25, 2024 James Dohnert Annaly Capital Management increased its non-agency correspondent activity during the third quarter.Read More
Jumbo Lending Looks Likely to Slow in 4Q October 25, 2024 James Dohnert The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.Read More
Broker Sees Opportunities in Self-Employed Products October 25, 2024 James Dohnert Despite the high rejection rate, Truss Financial believes self-employed borrowers can be less risky than those who are underwritten to W-2s.Read More
Backflip Plans to Build Out RTL Funding October 25, 2024 James Dohnert The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS.Read More