Private-label MBS reaches 12-year high, sans NINJAs

Nov 4, 2019 |

The private-label mortgage-backed securities market is having its biggest year since 2007 as lenders including JPMorgan Chase, Caliber and Angel Oak try to take on behemoths Fannie Mae and Freddie Mac. In the first nine months of 2019, non-agency MBS totaled $32.2 billion, according to a tally by Inside Mortgage Finance. That’s 12% higher than […more]

Posted in: San Francisco

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