Author name: Ricky Vasquez

Following a recent surge in rate-indicative bond yields that could make lending more expensive, one prominent investor in two government-sponsored enterprises is renewing his push for a GSE reform that could lower secondary mortgage market costs. Processing Content Investor Jon Oksenholt’s plan mines merger ideas officials have explored, including the Great American Mortgage Corp. and […]

Chicago-based Rate is opening a profit and loss branch in the city’s Elmhurst suburb, bringing in two former Fairway Independent Mortgage originators to helm the operation. Processing Content The new office “advances Rate’s broader expansion of its profit-and-loss platform,” the company’s press release said. Fairway’s new Elmhurst branch is being headed up by Vito Roppo

A pool of mortgages, a majority of which are designated as non-qualified, will secure $228.2 million in residential mortgage-backed securities (RMBS) from Angel Oak Mortgage Trust, series 2026-5. Processing Content Known as AOMT 2026-5, the deal will issue the $228.2 million through a series of 10 class A, M and B notes, which all have