· Ginnie mae mortgage-backed securities issuance totaled $113.4 billion in the second quarter of 2013, down from $119.3 for the first quarter of the year, Ginnie Mae MBS issuance holds strong.
Southern Top Producers are less smitten by self-service mortgage tech · Coinsquare, a Canadian crypto exchange, buys a controlling stake in payments software startup Just Cash to bring crypto transactions to non-bank ATMs in the US – Coinsquare, a canadian cryptocurrency trading platform, announced it has bought an eight figure controlling stake in fintech software producer, Just Cash.
Non-QM RMBS issuance also climbed in the first quarter, as several first-time issuers launched transactions.
After better-than-average issuance volume in the first quarter, the second quarter of 2017 saw $6.3 billion of non-life capacity issued through 36 tranches, compared with $1.0 billion issued through 17 tranches in Q2 2016 and the previous quarterly record of $4.5 billion issued in Q2 2014. Q2’s record issuance volume was driven by two of the
· The first quarter of 2012 was the most active first quarter on record for the global catastrophe bond market, according to GC Securities. During the quarter, a total of USD1.34 billion of risk capital was issued through eight transactions, exceeding last year’s record of USD1.02 billion for the same time period. In Q1 2012, GC [.]
GSEs transfer $5.5B of credit risk in 1Q: FHFA FHFA: Fannie, Freddie credit risk transfers to continue The Federal Housing Finance Agency will continue to encourage Fannie Mae and Freddie Mac to transfer a significant amount of credit risk on risky loans, it noted in a report released last week.
· First quarter 2019 financial and operating data can be viewed in the Company’s Quarterly Report on Form 10-Q for the quarter ended march 31, 2019, which is expected to be filed with the Securities.
People on the move: March 17 The Washington Business Journal features local business news about Washington, D.C.. We also provide tools to help businesses grow, network and hire. People on the Move – Washington Business Journal
Angel Oak Companies Enjoys Record-Setting First Quarter in 2019 Company’s trailblazing performance and impressive growth make it a leader in the mortgage credit industry April 16, 2019 09:47 AM.
On the heels of a record-breaking performance in 2018, Angel Oak companies (encompassing angel oak home loans LLC and Angel Oak Mortgage Solutions LLC) continued to set the standard in the nonqualified mortgage marketplace during the first quarter of 2019, originating a record $563 million. This represents an astounding 82% increase over non-QM.
On March 15, 2019, the Company’s board of directors declared a first quarter dividend of $0.50 per share of common stock that was paid on April 30, 2019 to stockholders of record as of March 29, 2019.
The strong second quarter resulted in Guild achieving record total volume for the first half of 2018 – $8.34 billion, up 14.7 percent from $7.27 billion in the 2017 period. Purchase loans for the first half of 2018 reached $7.0 billion, up 18.8 percent from $5.9 billion, and represented 84.1 percent of all loans, up 3.5 percent from 81.3 percent in the first half of 2017.
Angel Oak’s two securitizations in the first quarter of 2019 total $1.23 billion, already surpassing the total amount issued by the firm in all of 2018. This is Angel Oak’s 10th non-QM securitization, with a total issuance amount that now exceeds $3.2 billion.