Secondary | Page 6 | National Mortgage Professional Magazine
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

Ginnie Mae Issues RFI on New Analytical Framework

Ginnie Mae published a Request for Input (RFI) on the analytical framework it is creating that will...Read more

New EVP of Underwriting at STORE Capital

STORE Capital Corp. , an internally managed net-lease real estate investment trust (REIT) that...Read more
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Moody’s Warns of RMBS Risks Tied to AVMs

Mortgage lenders that rely on automated valuation models (AVMs) to appraise properties could be...Read more
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Moody’s: Increased Competition Could Spark Credit Negative for GSEs

The introduction of direct competition from the private sector against Fannie Mae and Freddie Mac...Read more
Angel Oak Capital Advisors LLC has promoted Sam Dunlap and Namit Sinha to chief investment officers of the firm’s public and private strategies, respectively

Angel Oak Capital Surpasses $10B in Assets Under Management, Adds Key Execs

Angel Oak Capital Advisors LLC has announced the firm has surpassed $10 billion in assets under...Read more
Verus Mortgage Capital (VMC) finished 2019 strong, recently finalizing its 14th and 15th rated Residential Mortgage-Backed Securities (RMBS) transactions for $533.5 million and $680.7 million respectively

Verus Completes $609.2 Million RMBS Transaction

Verus Mortgage Capital (VMC) , a correspondent investor offering residential non-QM, investor...Read more
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Mnuchin: GSEs’ Conservatorship Remains Until Housing Finance Is Reformed

Treasury Secretary Steven Mnuchin has stated the government-sponsored enterprises (GSEs) will...Read more
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Fitch Adds Climate Risk to RMBS Ratings

Fitch Ratings is planning incorporate natural disaster and catastrophic risk into its ratings of...Read more
The Mortgage Bankers Association (MBA) has published a primer that addresses potential transition issues ahead of the potential 2021 ending of the London Interbank Offered Rate (LIBOR)

Industry Reaction Varied to Life Beyond LIBOR

The upcoming expiration of the London Interbank Offered Rate (LIBOR) is being met with a somewhat...Read more
Civic Financial Services has reached a mortgage milestone in the private lending arena, funding in excess of $108 million in the month of April

Civic Financial Achieves Mortgage Milestone

Civic Financial Services has reached a mortgage milestone in the private lending arena, funding in...Read more

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