Author name: Ricky Vasquez

Mortgage Rates Jump After New Treasury Buyback Announcement

What do mortgage rates have to do with Treasuries? Quite a lot, actually. U.S. Treasuries are the bills and bonds issued by the government. In addition to financing government spending, they are also the lifeblood of the financial system. Due to that central role, their liquidity, the immense size of the market, and because they’re […]

Mortgage Rates Jump After New Treasury Buyback Announcement Read More »

Atlas VMS CEO Erik Morin

Atlas deal signals shift to live GSE disaster monitoring

Atlas VMS is acquiring an artificial intelligence platform that protects lenders from government-sponsored enterprise repurchase risk by continuously monitoring active mortgage loan pipelines against live federal disaster data. Processing Content The valuation and mortgage solutions company bought CloseClear.ai, which matches loans against disaster areas at the ZIP and county level, with exact-coordinate precision when available,

Atlas deal signals shift to live GSE disaster monitoring Read More »

Q3 agency MBS lags targets as home equity, non-QM gain ground

When the third quarter is over at the end of the month, it is likely agency mortgage-backed securities issuance volume will not reach either BTIG and consensus expectations, a new report said. As borrowers shift toward home equity products, originators focused on HELOC and non-QM securitizations have a distinct competitive edge.  Processing Content “If we

Q3 agency MBS lags targets as home equity, non-QM gain ground Read More »