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Secondary market

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Secondary mortgage market waits for data, creates workarounds amid shift to alternative credit scores

June 4, 2026 by bp56691
In the secondary market, investors and credit rating agencies are awaiting additional performance data while developing workarounds to keep loans moving through the system.
Categories Credit Score, FICO, Fitch Ratings, HWmember, LendingLife, Mortgage, Origination, RMBS, Secondary market, VantageScore

Redwood launches Aspire securitization shelf with $391M non-QM deal

March 6, 2026 by bp56691
Redwood Trust closed a $391 million securitization backed by nonqualified mortgages, marking the inaugural deal from its Aspire platform that was expanded in early 2025.
Categories HWmember, LendingLife, Mortgage, Non-QM, Origination, Redwood Trust, Secondary market, Securitization

Tradeweb makes investment in digital mortgage exchange MAXEX

February 12, 2026 by bp56691
The collaboration is designed to broaden institutional access to the U.S. residential mortgage market.
Categories HWmember, Institutional investors, MAXEX, Mortgage, private-label securities, Secondary market, Technology

November mortgage lock data driven by strong refinance activity

December 10, 2025 by bp56691
November’s mortgage rate-lock activity slowed but posted the strongest results in four years, driven by a surge in refinances.
Categories HWmember, Mortgage, Mortgage Rates, Optimal Blue, Origination, Rate Lock, Refinancing, Secondary market

Incenter Lender Services plays ‘matchmaker’ with new fair lending platform

October 16, 2025 by bp56691
Incenter introduces the CRA Exchange Platform, a free tool for lenders to streamline CRA loan trading and enhance financial performance.
Categories Community Reinvestment Act, HWmember, Incenter, Investors, Mortgage, Secondary market, Technology

Friday Harbor’s AI originator assistant now supports overlays

October 14, 2025 by bp56691
Friday Harbor’s AI Originator Assistant now includes overlays, enhancing loan compliance and credit quality control for lenders.
Categories Artificial Intelligence, HWmember, Investors, Mortgage, Origination, Secondary market, Technology, Underwriting

Ex-GSE risk chief makes case for Fannie-Freddie merger

August 19, 2025 by bp56691
Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.
Categories Conservatorship, Fannie Mae, Freddie Mac, Government-Sponsored Enterprise, GSE Reform, GSEs, HWmember, LendingLife, Mortgage, private-label securities, Regulatory, Secondary market

A&D Mortgage announces $459M RMBS transaction

February 28, 2025 by bp56691
The RMBS deal, done in partnership with Imperial Fund Asset Management and Clearwater Analytics, is expected to close on March 13.
Categories HWmember, Lenders, Mortgage, Non-QM, RMBS, Secondary market, Securitization

With Ginnie Mae under fire, concern about market disruption is growing

February 21, 2025 by bp56691
Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.
Categories Ginnie Mae, HMBS, HUD, HWmember, Mortgage, Secondary market, Servicing

New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’

December 13, 2024 by bp56691
A new MBA proposal for a Ginnie Mae securities product could be taking inspiration from recent actions in the reverse mortgage business.
Categories Ginnie Mae, HMBS, IMBs, Mortgage Bankers Association, New View Advisors, Regulatory, Reverse, Secondary market
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