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The momentum created in the fourth quarter is continuing during the first months of this year and is likely to continue throughout 2024, according to Dv01's Vadim Verkhoglyad.
March 8 -
More than 55% of all purchase loans included in agency and government transactions were given to people who had not previously owned their residence, Intercontinental Exchange said.
March 4 -
Among the options is a synthetic risk transfer backed by a portfolio of about $5 billion of home loans originated when interest rates were lower.
February 7 -
Flat growth is expected for mortgages and auto loans, while credit card loan growth will slow down.
February 7 -
The coupons on the class A notes steps up after four years by 100 basis points, but the coupons are subject to a net weighted average coupon (WAC) cap.
January 12 -
Meanwhile, issuance in the far smaller private-label residential mortgage-backed securities market has shown relative strength so far this year, as forecast.
January 10 -
The sponsor sourced the mortgage collateral from a range of originators, but none of them accounts for more than 10% of the pool balance.
January 10 -
The A1 tranche of $172 million (66.8%) is rated as AAA by Fitch and KBRA.
December 22 -
All of the loans were originated by CrossCountry Mortgage, which previously had a relationship for this product with Starwood.
November 9 -
High interest rates and constrained inventory will take its toll on originations and securitization activity in 2024, the rating agency commented.
October 31