Investments

Investments
The secondary market and real estate investing. Also includes Ginnie, GSE, and private MBS coverage from the loan-level transaction vendor space up to waterfall management of SPVs.

ARTICLES

  • MBA Secondary: The industry's appetite for non-QM is growing

    In a tough market, harder loans present new opportunities
    One thing that stood out at the MBA Secondary Marketing conference this year was the growing appetite for non-QM loans. It’s a tough market, and the easy loans where borrowers neatly line up with qualified mortgage standards are harder and harder to find. That’s one reason the non-QM market is predicted to grow by 400% over the next year.
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  • Quicken Loans sister company In-House Realty acquires ForSaleByOwner.com

    This is Rock Holdings fourth fintech acquisition in under 18 months
    In-House Realty, which like Quicken Loans is a subsidiary of Rock Holdings, announced this week that it purchased ForSaleByOwner.com, a real estate site where homeowners can market their home. In-House Realty is a digital platform for matching consumers with real estate agents, and the move to acquire ForSaleByOwner.com appears to be part of a larger move to develop a one-stop shop for homebuyers and sellers.
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  • MBA Secondary: Can Fannie and Freddie help fix the housing shortage?

    Manufactured housing, construction products are on the agenda
    Desmond Smith, senior vice president and head of customer delivery at Fannie Mae, and Kevin Palmer, senior vice president of single-family credit risk transfer at Freddie Mac, outlined their agencies’ efforts to make the entire mortgage process simpler and easier. And that’s a good thing since the agencies facilitate the lion’s share — maybe even the elephant’s share — of the secondary mortgage market.
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  • MBA Secondary: Predicting the future of housing finance policy

    Will new FHA, FHFA leaders get to implement any changes before the next election?
    With several key housing appointments still vacant and uncertainty building around legislative direction after the upcoming mid-term elections, forecasting the future of housing finance is tricky. But a panel of eminent industry leaders gave it a try at the Mortgage Bankers Association Secondary Marketing conference on Monday.
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  • Fifth Third Bancorp to buy MB Financial for $4.7 billion

    Fifth Third is buying out MB Financial's shareholders for $4.7 billion
    Fifth Third Bancorp announced today it is merging with Chicago-based MB Financial. Fifth Third has been investing heavily in the Chicago area during the last two years, and this is the bank's latest move in its push for Chicago investments.
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  • Monday Morning Cup of Coffee: Inside the housing economy's monster news weekend

    Your MBA / Fed / Fannie / Freddie / Kilauea / California housing update!
    The MBA Secondary mood is so.... Plus, Texas jobs are booming, with no end in sight. New York and San Francisco startups promise to find people to co-live with each other. Plus, Fannie and Freddie risk-sharing bond performance updated. And, this person claims to have single-handedly caused the housing crisis in California. Plus, even more.
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