The New Jumbo Opportunities: Are MBS Conduit Sales a Good Option? CD and Manual Only
Product Details
An Inside Mortgage Finance Webinar
Recorded June 27, 2013
Demand for jumbo mortgages in the secondary market has increased significantly recently, giving banks another option besides holding the loans in portfolio. With this additional outlet, the origination of non-agency jumbos jumped to $54.0 billion in the first quarter of 2013, up 14.9 percent from a year ago, according to a new Inside Mortgage Finance analysis.
It’s not just large banks benefitting from the jumbo increase and participating in the securitization deals. Many of the non-agency MBS put together this year involve dozens and dozens of lenders, most of which are contributing an average of 10 or 15 loans. The contributors include many mid-size and small banks as well as nonbanks.
Find out if conduit sales are a profitable delivery option for your non-agency mortgages in – “The New Jumbo Opportunities: Are MBS Conduit Sales a Good Option?” Our panel of securitizers, lenders, and secondary marketing consultants explained how lenders of all sizes can tap into the growing non-agency MBS market and what it takes to be involved in this channel.
You'll Hear From:
Peter Sack Managing Director, | Jonathan Groesbeck Managing Director, Redwood Trust | Chris Cordry | Don Brown |
During this 90-minute webinar, you’ll hear about:
• Why originating for distribution to the jumbo MBS market is well-suited to small to midsize portfolio lenders as well as nonbanks;
• What underwriting standards the conduits use;
• Jumbo origination trends;
• What the rating services expect of originators who sell to conduits;
• What requirements must be met to deliver originations to a conduit;
• What reps and warrants are required.