Items Tagged with 'RMBS Issuer'

ARTICLES

  • Ginnie Mae issues new rules for servicers and issuers

    New rules designed to provide more security to MBS market
    Aiming to provide more stability and integrity to the mortgage-backed securities market, Ginnie Mae on Friday released a number of new rules for mortgage servicers and issues of Ginnie Mae securities. Click through for the full details.
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  • loanDepot makes big move into mortgage securitization

    Lender issuing first mortgage-backed security
    loanDepot is no stranger to mortgage securitization, with its loans taking their place alongside other originators’ loans as pieces of many non-agency securitizations over the last few years. But now, loanDepot is making a big move into the secondary mortgage market and launching its first mortgage-backed security, which is backed only by loanDepot loans.
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  • AIG breaks into mortgage securitization big-time with high quality first offering

    Underlying mortgages’ average FICO scores are highest since crisis
    When American International Group sold its mortgage-guaranty unit United Guaranty to Arch Capital Group last year, the company said that it planned to turn to residential mortgages to make up for the loss in revenue from the sale of United Guaranty. But AIG didn’t start originating new loans. Rather, the company has been buying up high-quality jumbo mortgages, and now plans to securitize those loans.
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  • S&P: Mortgage-backed security market making a comeback in 2017

    First quarter issuance doubled 2016’s total
    Back in February, DBRS predicted that the residential mortgage-backed security market could see a resurgence in 2017 thanks to rising interest rates, which both drive down refinances and make securitization a more financially appealing option. As it turns out, that’s exactly what’s happening.
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