Nonagency issuances are expected to increase 85% for this year over 2023, and rise another 36% in 2025, the second best since the financial crisis.
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Unlike some recent RMBS deals, both exclude riskier interest-only loans and those supporting investment properties.
December 16 -
Legacy RMBS structured to withstand challenging mortgage market
December 16 -
Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.
December 16 -
Delay refinancing two loans prompts drop to below investment-grade for one class of CMBS
December 13 -
Affirm partners with Sixth Street to sell its buy now/pay later loans to the investment firm; Associated Banc-Corp promotes Steven Zandpour to deputy head of consumer and business banking; Visa Direct speeds up its money transfers; and more in this week's banking news roundup.
December 13
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Offshoot of well-known European asset manager taps JP Morgan to structure deal
December 13 -
New arrivals to the ABS market seek investors in less than stellar-rated bonds.
December 12 -
Top banks are underwriting the deal, but most of the securitization's loans lack documentation.
December 12 -
The proposal is one of several that aims to address difficulties managing early buyouts from mortgage-backed securities pools.
December 12 -
Aggregator counters the risk of loans' low starting rate with a strong borrower profile.
December 11 -
About $2 billion changes hands daily for the sale of new motor vehicles in the U.S., making auto dealers a prime use case for faster payments. So why aren't more using it?
December 11 -
The new deal will increase the sponsor's 2024 issuance to more than $3 billion.
December 11