A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
'Wall Street Journal' editorial calls Pulte's criminal referral of Federal Reserve governor 'an ominous turn in political lawfare' and warns that 'weaponizing' Fannie and Freddie's federal regulator 'won’t build confidence in America’s institutions or markets'
Common Securitization Solutions (CSS) has rebranded as US Fin Tech and will look to provide technology and business solutions to companies in addition to its owners
Canadian mortgage strategist blames the country's securitization market, which allows the country's 6 biggest banks to sell mortgages to investors but is closed to smaller lenders
Kiavi upsizes its 16th securitization to $350M and says oversubscribed offering is company's biggest since November 2021, bringing total issuance since 2019 to $4B
Realtors see government guarantee as a must for secondary mortgage market
Gulf between House, Senate approaches reduces likelihood of congressional action
Commentary: Revisionist history of subprime could have lasting impacts
Loans owned by credit unions sold to Fannie Mae