The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take. The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House […]
The CFPB’s budget might be shrinking, but does that even matter? Read More »
Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks. That winning streak finally came to an end today with the average lender moving up 0.06% for a top tier 30yr fixed quote. While that’s a moderately big jump for a single day, if
Rates Finally Rise Ahead of Jobs Report Read More »
Santander Bank is sponsoring the issue of its third non-qualified mortgage (non-QM)/investor loan securitization this year. The bank is a mortgage loan aggregator that predominantly focuses on non-agency loan aggregation and securitization. The Santander Mortgage Asset Receivable Trust 2025-NQM3 will issue notes totalling $283.64 million. The sponsor and seller is Santander Bank, the depositor is
Non-prime U.S. residential mortgage pool secures $283.64M Santander notes Read More »