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
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.
Investment properties back Sequoia Mortgage’s latest RMBS issuance, for $569.9 million
The deal comes to market as President Trump suggested barring institutional buyers from snatching up single-family homes, the type of properties secure the bulk of SEMT 2026-INV1.
Trump bid to ban corporate homebuying blindsides Wall Street
Analysts at RBC Capital Markets said the plan is bad news for Invitation Homes and American Homes 4 Rent, but the companies "are long past the time of significant growth in home count
Non-QM mortgages secure JP Morgan’s latest RMBS, offering $587.6 million
A significant portion of the loans in the pool by balance, 44.5%, are designated at non-QM, according to DBRS, adding that about 50% of the loans in the pool were made to investors for business purposes.
New Residential raises $493.7 million in non-prime RMBS
The terms of NRMLT 2025-NQM7 will not allow it to advance principal and interest on loans that are delinquent by 180 days or more.
Non-prime residential mortgages underpin $298.9 million in RMBS
If cumulative loss or a delinquency trigger event is in effect, then the deal will distribute principal among the class A notes before any principal allocation the class M1 or class B certificates.
