Everyone has heard by now the big news regarding servicing advance facilities and the agencies now accepting delivery of loans (excluding cash out refinances) with forbearance requests but at a large cost.5% for first time home buyers and 7% for all other loans. This sets a mark for the industry relative to future trading in the secondary market.  We saw …

In this week’s update, we address some of the questions asked over the past few weeks.  Here we go…….. I see so many pools from RAMS, does any of it trade?Over the last 45 days, we’ve marketed 262 pools with an aggregate UPB of approximately $4.7BB. We have traded ~23% of these pools.  We estimate that ~43% of these pools …

We hope everyone had a nice holiday weekend.Another week behind us and more weeks of quarantine in front of us as California extended shelter at home until May 15. Tighter restrictions for all of us across America. We’ll try to keep it short and to the point as there is ample news, headlines, and content to keep everyone busy. Except …

Happy Monday all, in case you forgot what day it is………. We work where we sleep, and we eat where we work. Every day is bring your kid to work day and everyday has become Wednesday. High stress andlong hours.  Over the last two weeks we have seen the de-levering of REITS, collapse of the agency specs and non- agency MBS markets. Non-QM got …