Q4 2024 Management View CEO David Spector highlighted that PMT generated a 10% return on equity in Q4, driven by strong ...
Credit rating agency KBRA said that a securitization of private-label reverse mortgages originated by RMF requires further ...
A growing number of older homeowners are taking out equity release products as mortgage rates and living costs climb. Cost of living: will fall in energy price cap make a difference? The mortgage ...
Chimera Investment Corporation (NYSE: CIM) announced that on January 31, 2025 it had sponsored CIM 2025-I1, a $287.7 million securitization of residential mortgage investor loans. The loans had a ...
Equity release involves either a lifetime mortgage or home reversion plan, with the most popular being a lifetime mortgage. Equity release allows homeowners aged over 55 to access up to 58 per ...
Many lifetime mortgage lenders choose to become a member of the industry body, the Equity Release Council (ERC). The ERC has helped the market to evolve over time, with all lifetime mortgages from ...
Angel Oak Mortgage ... fifth securitization of 2024, taking its total securitization volume for the year to over $850 million. The transaction is significant as it allows the company to release ...
KBRA Releases Research – Maryland Licensing Rule: Roadblock for Mortgage Securitization? KBRA releases research on the potential impacts of recent Maryland Office of Financial Regulation (OFR ...
PennyMac Mortgage Investment Trust delivered strong Q4 results, with notable gains in securitization activity and a solid return on equity of 10%. Management’s focus on expanding credit ...