loanDepot Closes Residential Investment Property Mortgage Securitization
loanDepot Inc. has closed Mello Mortgage Capital Acceptance 2021-INV4, a $371 million securitization of agency-eligible mortgages secured by residential investment properties, originated through its...
Fannie Mae Completes Final Credit Insurance Risk Transfer Transaction of 2021
Fannie Mae has completed its final Credit Insurance Risk Transfer (CIRT) transaction of 2021. CIRT 2021-2 covers $30.7 billion in unpaid principal balance (UPB)...
SitusAMC Launches Securent Insurance for MBS, MSR Markets
SitusAMC has debuted Securent, a provider of comprehensive risk management and insurance programs for mortgage and mortgage-backed securities (MBS) stakeholders.
Securent’s loan defect insurance protects...
MISMO to Standardize Bid-Wanted in Competition Dataset for MBS Sellers
MISMO, the real estate finance industry's standards organization, is standardizing the bid-wanted in competition (BWIC) dataset format to facilitate accuracy, liquidity and rapid pricing...
FHFA Scores Fannie Mae, Freddie Mac and Common Securitization Solutions
The Federal Housing Finance Agency (FHFA) has released the 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC (CSS). The purpose...
Freddie Mac CRT Program Protects $586 Billion of Single-Family Mortgages This Year
Freddie Mac’s Single-Family business has announced that its Credit Risk Transfer (CRT) program reported year-to-date CRT issuance of $14.5 billion, protecting $585.5 billion in...
Sourcepoint Acquires The StoneHill Group to Enhance Mortgage Portfolio
Sourcepoint, a Firstsource company, has entered into a definitive agreement to acquire The StoneHill Group. The acquisition enhances Sourcepoint's mortgage offerings with domain expertise...
Can Crypto Transform the MBS Market?
BLOG VIEW: Can a mortgage-backed security chain (MBSChain) combined with MBS crypto currency (MBSCoin) transform the MBS market for the better?
Absolutely. MBSChain is the...
LendingHome Finalizes Revolving Mortgage-Backed Securitization
LendingHome Funding Corp., a lender to real estate investors, has closed a $388 million revolving securitization of unrated residential transition loans. This is the...
Freddie Mac Sells $1.2 Billion in NPLs at Auction
Freddie Mac has sold via auction 7,186 non-performing residential first lien loans (NPL) from its mortgage-related investments portfolio. The loans, with a balance of...
Home Capital Prices $425 Million in Residential Mortgage-Backed Securities
Home Capital Group Inc. and its Home Trust Company subsidiary have announced the pricing of a private placement of residential mortgage-backed securities (RMBS) to...
Freddie Mac Launches Multi-Billion Dollar Bond Program For Affordable Housing
Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds. This new bond program will support affordable homeownership and serve...
Cash-Out Refinance Volume Continued to Rise in August
Overall rate locks were up 1.3% in August compared with July, driven by a 7.6% increase in cash-out refinance activity, according to Black Knight’s...
Agile Launches Trading Platform to Digitize TBA Marketplace
Agile, a new fintech bringing mortgage lenders and broker-dealers on to a single electronic platform, has formally launched its flagship RFQ (request for quote)...
Homespire Mortgage Names New VP of Secondary Marketing
Homespire Mortgage, which has 32 branches across 42 states, has named Stephanie Sailor as its new vice president of secondary marketing.
A seasoned mortgage industry...
Ginnie Mae MBS Issuance Continues Strong Trajectory
Ginnie Mae mortgage-backed securities (MBS) issuance volume was $72.45 billion in June, the twelfth consecutive month volume has exceeded $70 billion.
Approximately 272,280 homes and...
Covius Holdings Hires Tom Coffey as VP of Business Development for Clayton Unit
Tom Coffey has re-joined Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, to serve as vice president of business...
A&D Mortgage Wraps Up Non-Qualified Mortgage Securitization
A&D Mortgage and Imperial Fund have closed their second standalone securitization post-pandemic, for non-QM loans originated and serviced by A&D Mortgage. S&P and DBRS...
Fannie Servicing Marketplace API Now Integrated with Optimal Blue PPE
Black Knight Inc. says it has completed the integration of its product and pricing engine, Optimal Blue PPE, with Fannie Mae's Servicing Marketplace API to...
Black Knight Buys Mortgage-Backed Securities Data Specialist eMBS
Black Knight Inc. has acquired eMBS Inc., a provider of performance data and analytics on agency-backed securities.
Black Knight clients that license eMBS data will reduce the...