by methodical2018 | Jun 10, 2019 | Insight
Reposted from 6.10.19 Bloomberg article: “Cumulative gross issuance of whole-business securitizations reached about $35 billion at the end of 2018, compared with about $13 billion just four years earlier, according to S&P. The past two years have been banner...
by methodical2018 | May 14, 2019 | Insight
Reposted from 5.9.19 Press Release: ” Figure Technologies, Inc. (Figure™), a leading fintech company in both the home equity and blockchain space, has closed an up to $1 billion uncommitted asset-based financing facility on the Provenance.io blockchain with...
by methodical2018 | May 10, 2019 | Insight
Reposted from 5.6.19 DBRS commentary: “…Some market participants have equated them to pre-crisis Alt-A or subprime mortgages. However, DBRS deems the credit quality of non-QM securitizations issued to date to be considerably improved from pre-crisis...
by methodical2018 | Apr 26, 2019 | Insight
Reposted from 4.10.19 IFR article: “…JP Morgan sold a roughly US$440m securitization of prime jumbo mortgages that do not meet qualified mortgage rules on Wednesday, a first for the bank according to ratings agencies. The bonds are tied to prime jumbo...
by methodical2018 | Apr 24, 2019 | Insight
Reposted from 4.19.19 Urban Institute article: “…some believe that the structure of servicing compensation must be changed to better align servicing costs and revenues for performing and nonperforming loans in a manner that will improve outcomes for...
