Nationstar priced the $144.5 million, triple-A rated class A notes issued under its residential mortgage-backed securities deal,
The class A notes, structured with a weighted average life of 3.15 years, priced at 200 basis points over swaps.
Barclays and Bank of America Merrill Lynch are joint bookrunners on the deal that is expected to close on Dec. 12.
Interest-only and subordinated notes are expected to be offered after the senior notes.
Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.
Fannie Mae and Freddie Mac's support for the market lessened the impact, as could bank capital reform, and the company's normalized results outperformed.
Even as they continue to press for additional changes, banks get some wins from the revised Basel capital framework and a ballpark estimate of their capital outlook for the next few years.
More than three-quarters of brokers are using popular AI platforms, but application of lender-specific software lags considerably, according to AD Mortgage.
UWM Holdings is now bidding 70 cents more per share than CrossCountry for Two Harbors, with an all-cash option as an alternative to its all-stock proposal.
Refinances drove growth of last year's lending activity, with both the volume share and average loan size coming in noticeably higher, according to IEmergent.
