#mortgage-securitization

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#defeasance #rate-lock #housing-supply #residential-mortgages #non-qm-mortgages #second-liens
Real estate
fromwww.housingwire.com
7 hours ago

The $24% mortgage trap is freezing housing: Defeasance may be the way out

Defeasance could unlock housing supply by letting homeowners substitute low-rate mortgage payment streams instead of paying off loans, reducing rate-lock immobility.
fromwww.housingwire.com
2 months ago

Non-QM loans surge as gig economy grows

We just came off a record month, and this month (October) is on pace for another all-time record. I would say the drivers have been non-agency loans or non-QM. So if you look at just non-agency estimates earlier in the year, people were forecasting a range of $60 billion to $70 billion in non-QM. We're probably hit over $100 billion this year, so a 50% beat from the beginning of the year.
Real estate
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