HELOCs back Saluda Grade Alternative Mortgage’s $366.9 million
Leverage is moderate in Saluda Grade's pool, yet the junior liens carry slightly more LTV and DTI risk, on a weighted average (WA) basis.
Mortgages
Builders push ‘Trump Homes’ in pitch for a million houses
Many details have yet to be determined, including the role that federally-backed mortgages should play.
Home equity slips to 4-year low as underwater loans rise
Less than 45% of mortgage residential properties in the United States were equity-rich last quarter, a 1.5-percentage-point drop from the third quarter.
States, mortgage regulators call for end to OCC escrow moves
Preemption would hurt affordability for many, the Conference of State Banking Supervisors and the American Association of Residential Mortgage Regulators said.
Investment mortgages drive $331.5 million, DRMT securitization
DRMT 2026-INV1, is backed by a pool of 1,153 non-prime investment property mortgages, which have a moderate leverage levels of an original, combined loan-to-value (CLTV) ratio of 69.9%.
Mortgage rates rise as FOMC inaction adds to uncertainty
Even with the 4 basis point rise in the 30-year fixed over the past two weeks, mortgage rates are still hovering near three-year lows, Freddie Mac said.
What the Fed’s first look in 2026 means for mortgages
Respondents to an exclusive NMN survey lay odds on lower rates boosting housing despite stagflation and recession risks. Here's how the Fed's view compares.
Ginnie Mae speeds up loan-level MBS overhaul
The government mortgage securitization guarantor flagged the goal back during the first Trump administration, warning then that it would be a long-term project.
Morgan Stanley’s non-QM RMBS raises $397.5 million
The moderate leverage reflects the quality of RMBS pools from recent issuance years. Borrowers have a non-zero WA annual income of $1 million, with liquid reserves of $594,348.
Wells Fargo faces amended class action loan-mod complaint
Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.
RCKT Mortgage’s latest second-lien RMBS raises $548.2 million
Despite RCKT Mortgage's second-lien composition, the loans display several positive credit characteristics, including a WA credit score of 745.
Non-QM goes mainstream as issuance hits new highs
Hot securitization sectors such as non-qualified mortgages and home equity are set to expand further amid market shifts this year, recent forecasts suggest.
Canyon Partners: GFC still drives consumer-credit ABS investing
Canyon Partners sees opportunities in corners of the mortgage, with tightened due diligence, and the auto ABS markets.
By
John Hintze
BRAVO Residential raises $401.3 million in RMBS from a non-QM pool
The notes are expected to pay coupons of 4.94% on notes in the A1FCF tranche, rated AAA from KBRA and Fitch Ratings, to 6.78% on the B1 notes.
Mortgage rates reach three-year low after MBS buy order
This week the conforming 30-year fixed rate mortgage fell 10 basis points, with Optimal Blue data showing it broke through, at least briefly, the 6% level.
Hallmark Home Mortgage accused in Ponzi scheme lawsuit
A Florida man's racketeering class action case accuses two mortgage employees of conspiring with a homebuilder to facilitate fraudulent construction draws.
Newrez announces plan for crypto in originations
Cryptocurrency development in the mortgage industry has accelerated in no small part from easing regulation and a push from FHFA Director Bill Pulte.
Trump weighs retirement, education funds for home buying
A new move that would open up more use of certain dedicated savings accounts for home purchase purposes is under consideration, according to Politico.
Economists forecast just 50 basis points of Fed cuts in 2026
The survey, taken before Pres. Trump's $200 billion MBS buy demand, finds panelists worried over inflation, but also see employment as the larger downside risk.
Latest jobs report quashes rate cut expectations
Lenders shouldn't expect the latest jobs numbers to yield major monetary policy moves after the unemployment rate came in mostly flat last month, experts say.
Load More
Couldn’t load more articles. Try again.