A pool of 835 mortgage loans, including those that are first- and second lien, adjustable-rate and fully amortizing, will back $343.9 million in notes coming to market from sponsor Park Capital Management. Processing Content PRKCM 2026-AFC4 Trust is expected to issue the notes through about 11 tranches of class A and B notes, when it […]
Park Capital’s latest alt-doc RMBS raises $343.9 million Read More »
Key insight: The Supreme Court ruled in favor of Federal Reserve Gov. Lisa Cook, allowing her to remain on the Fed Board of Governors pending the outcome of her lawsuit challenging her purported removal by President Donald Trump last year. Expert quote: “The Court decides this application on the narrow ground that the President failed
Supreme Court allows Cook to remain at Federal Reserve Read More »
The near-term performance of mortgages backed by government-sponsored enterprises wavered little although those outstanding longer experienced some slight stress, bearing up while the Federal Housing Administration insured market experienced more. Processing Content The share of homeowners late by 60 or more days decreased to 0.81% at the end of the first quarter, according to a
Short-term delinquencies steady after first quarter: FHFA Read More »