Author name: Ricky Vasquez

Morgan Stanley is set to raise approximately $327.1 million in RMBS via a securitization collateralized by 1,132 first-lien residential mortgages, according to Morningstar DBRS.  Processing Content The asset pool for the deal, Morgan Stanley Residential Mortgage Loan Trust 2026-DSC3, comprises fixed- and adjustable-rate prime and nonprime mortgages, all underwritten as business-purpose loans. The mortgages backing […]

Homebuyers were able to take advantage of slowing home price gains in July, as lower median loan amounts countered a rise in mortgage rates, the Mortgage Bankers Association said. Processing Content Its Purchase Applications Payment Index fell to $2,175 from $2,191 in June. But this is still higher than last July’s $2,127. After bottoming out

Key insight: A new funding structure issued by the Department of Housing and Urban Development would have severely limited grants and excluded most existing fair-housing groups from receiving what remained. What’s at stake: Judge Myong Joun said HUD’s explanation for the changes “falls woefully short” and failed to account for organizations’ reliance on federal funding.