Consumer Resilience Buffered By Residential Mortgage Market
Substantial home equity has boosted consumer financial health, but risks remain in non-mortgage consumer lending
Tagged: Residential Mortgage-Backed Securities
Flagstar Bank Selling $5 Billion In Warehouse Loans To JPMorgan Chase
The New York Community Bancorp plans to reinvest proceeds from sale into securities holdings
Angel Oak Mortgage REIT Issues $284.5M Non-QM Securitization
Calls securitization an 'inflection point' for the company.
Change Lending Issues Its 1st AAA-Rated Securitization
The $307M Non-QM offering is backed solely by its proprietary Community Mortgages.
Mind The Gap
The spread between mortgage rates and the 10-Year Treasury yield is worth watching.
Fitch, KBRA Rate Non-QM RMBS Offering
OBX 2023-NQM3 Trust is a $407.5M securitization backed by 807 mostly Non-QM loans, 22% from SG Capital.
FDIC To Liquidate Securities From 2 Failed Banks
Says the face value of Signature Bank's portfolio is about $27 billion, and about $87 billion for SVB's portfolio.
MBA: Proposed Rule Would Stifle Securitizations
In letter to SEC, MBA says proposed rule on conflicts of interest is overly broad.
