Weak jobs data boosts odds of mortgage rate drop
Employment came in below estimates, which some economists expect could move the bond market in ways that affect loan costs even before the Fed meets next.
Capital markets
Trump asks bank CEOs to pitch on Fannie, Freddie stock offerings
President Donald Trump is bringing in bank leaders to meet with him one by one at the White House. Beyond the economic discussion, there’s a chance at a big payday for their firms. Trump is asking for chief executive officers for their pitches on monetizing mortgage giants Fannie Mae and Freddie Mac, including a major […]
FHFA set to end equitable housing finance plans for GSEs
The agency has a proposed repeal in place, getting ready to be made public on July 28, which would rescind another Biden-era fair housing policy.
GSEs could exit conservatorship fast, experts say
Given FHFA Director Bill Pulte's history of making regulatory pronouncements via X, some theorize the release of Fannie Mae and Freddie Mac could occur in the same way.
Barry Habib added to Fannie Mae board
Habib's placement on the Fannie Mae board comes after he criticized Federal Reserve Chairman Jerome Powell in a Linkedin post.
Rithm Capital inks $1.5B deal for investor loans
A "large institutional investor" will provide funding to assist Rithm in acquiring as much as $1.5 billion worth of residential transition loans.
Why FHFA may bet on CSP to reform Fannie, Freddie
Recently revived plans for broader use of the repositioned common-securitization platform for monetization purposes may hearken back to past concepts.
Non-QM drives RMBS H125 gains amid uncertain outlook
Most indicators cited by Morningstar DBRS are favorable to a good securitization market the rest of the year, but inflation is one of several challenges.
Hot junk loan market hits stumbling blocks as investors feel squeeze
Managers of collateralized loan obligations are struggling to make the numbers work after high demand from investors enabled borrowers to squeeze their interest margins.
Non-prime U.S. residential mortgage pool secures $283.64M Santander notes
The RMBS notes benefit from geographic diversity and credit enhancement.
COLT 2025-6 Mortgage Loan Trust raises $331M
The RMBS transaction is backed by first-lien, fixed- and adjustable-rate, fully amortizing residential mortgage loans, some with interest-only periods, to prime and non-prime borrowers.
Sequoia raises $478 million in RMBS
The prime jumbo RMBS transaction is collateralized by 402 residential mortgage loans.
Pulte plans ‘full scale review’ of credit bureaus
Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy with" lenders' main score provider.
FHLBank San Francisco invests $53M in Fannie Mae bond
This transaction for 230 rental units follows a March $10 million affordable housing investment in Nevada Housing Division Mortgage Revenue Bonds.
Home equity investment products set to soar, experts say
Secondary market interest in home equity contracts is drawing new participants, with 2025 securitization activity ahead of last year, industry leaders said.
Asset manager Dawson pools private fund stakes in $1.2 billion deal
The deal was divided into multiple debt pieces rated by Kroll Bond Rating Agency as well as a riskier first-loss piece.
Low credit scores in non-QM verge on 10% default rate
Loans with alternative documentation and high combined loan-to-value ratios had more performance concerns, according to a new KBRA study.
How the secondary market is shaping home equity strategies
Securitizations are breaking new ground and whole loan investors have been active as nonbanks increasingly originate and sell second lien products.
Home equity lending has strong two-year runway ahead
The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a cause of the financial crisis.
Pimco’s Stracke sees asset-based finance as key growth area
The strategy, which focuses on non-bank lending to sectors such as residential mortgages, credit cards and auto loans, has been a key plank of the bond giant's push into private lending.
Load More
Couldn’t load more articles. Try again.