Author name: Ricky Vasquez

BINOM’s latest non-QM pool supports $328.8 million in RMBS

A pool of non-prime and primarily fixed-rate residential mortgages, will secure $328.8 million in residential mortgage-backed securities (RMBS), coming to market from sponsor SLC BINOM Sponsor. Processing Content Primarily, the collateral securing the notes from BINOM Mortgage Loan Trust, or BINOM 2026-NQM2, is either non-qualified mortgages or those that are considered exempt, making up 97.9% […]

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Fed’s Jefferson: discount window reforms help Treasury market

Key insight: Federal Reserve Vice Chair Philip Jefferson, who is overseeing changes to the discount window, said the exercise is not only important for the banking system but also financial stability more broadly. Expert quote: “The U.S. Treasury market serves as the foundation for pricing risk across all asset classes, facilitating the efficient allocation of

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Condo Approval Policies and Condo Mortgage Affordability

Condominiums have long been one of America’s most important sources of affordable homeownership.  More than one-third of Americans – 78 million individuals – live in condos and other shared ownership options that use community associations. For first-time buyers, moderate-income households, retirees looking to downsize and families in high-cost markets and metropolitan areas, a condominium often

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