Losses on Non-QM MBS Limited Despite Delinquencies
Inside Mortgage Finance
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4h ago
Low loan-to-value ratios and structural features are protecting investors in non-qualified mortgage MBS ..read more
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SoFi, Bayview Team Up on CRT With Student Loans
Inside Mortgage Finance
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4h ago
In a first for both companies, student loans originated by SoFi will go into a risk-sharing transaction with help from Bayview ..read more
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Refinance Surge Drives Ginnie Liquidations in 1Q
Inside Mortgage Finance
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4h ago
A surge in refinance activity — especially in the VA program — led to a significant increase in loan removals from Ginnie Mae MBS during the first quarter of 2024 ..read more
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Internet Addresses to Back New ABS Issuance
Inside Mortgage Finance
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4h ago
Cogent Communications is using 13 million IP addresses as collateral for a novel securitization ..read more
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McCargo to Leave Ginnie, Valverde to Be Interim Chief
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4h ago
Sam Valverde, Ginnie Mae’s principal executive vice president, will serve as acting president, while Laura Kenney, senior advisor for strategic operations, will assume additional duties ..read more
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After a Smooth Start, Agency MBS Investors Face Volatility
Inside Mortgage Finance
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4h ago
Agency MBS investors saw spreads widen in April due to volatility surrounding the Fed. Still, banks are showing demand for MBS and the market is poised for a boost, according to industry participants.   ..read more
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Regulators Consider Revisions for Capital Proposal
Inside Mortgage Finance
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4h ago
Federal Reserve Governor Michelle Bowman highlighted issues in the proposed rule that impact MBS and ABS ..read more
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Unsuccessful GSE Loans Packaged in Non-Agency MBS
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4h ago
loanDepot is preparing to issue a non-agency MBS stocked with scratch-and-dent mortgages ..read more
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Industry Must Collaborate on Climate Risk, Panelists Say
Inside Mortgage Finance
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8h ago
Lenders, servicers and others in the housing market should work together to educate consumers on the financial impact of climate change, according to participants at a conference last week ..read more
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Lenders Urged to Be More Lenient Following Forbearance Success
Inside Mortgage Finance
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8h ago
The current loss-mitigation waterfall has dramatically reduced foreclosure liquidations, suggesting lenders could make more loans to riskier borrowers without increasing expected losses ..read more
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