Growth in the AI and cloud computing space could push some share of data-center financing outside of MBS and ABS.

KBRA has downgraded six tranches from LendingPoint ABS issued between 2021 and 2022.

Issuance grew 2.8% on a sequential basis to $9.62 billion in the second quarter of 2024.

Investors are increasingly turning to the mortgage market to fund their home purchases rather than paying all cash.

The $507.9 million Citi deal includes loans originated by Rocket Mortgage and others...

Philip White of Sotheby’s International Realty said the stock market’s performance will impact luxury home buyers more than a decline in rates.

A rise in securitization of expanded-credit mortgages from Annaly Capital Management and Invictus Capital Partners helped the ECM securities market grow in the second quarter. (Includes three data tables.)

The product allows for debt service coverage ratio below 0.75, while many DSCR lenders require a ratio of at least 1.0.

The funding will go toward Faes & Co.’s F2 Finance, a fix-and-flip lender based in the U.S.

Jumbo MBS issuance is off to a strong start in the third quarter, with five deals marketing within the past two weeks.