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Flexible structure gives investors choice of formats
After four cases of fraud in US financial markets, mortgage pros are unconcerned
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Japanese bank poaches from US rival after previous head left in February
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Strong tightening at the top but issuer retains bottom tranche
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SEC advisory expert brings government experience to firm's structured finance practice
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Spreads were overdue for a shake-up, and all-in yields look attractive as structures should remain resilient
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Investors appear happy to get involved at higher spreads as bankers see signs of stabilization
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Rithm offers pick-up to widest deal of the year but could tighten as markets stabilise
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Classes widen from IPTs as investors spy pick-up to qualifying mortgage CES comps
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Smaller issuers may shy away from volatile market with views mixed on how long volatility will persist
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Seniors on both Park Capital and Morgan Stanley trades land outside of previous widest non-QM of 2025