ECMWF, the European model, suggests landfall near New Orleans Saturday, but track and intensity forecasts WILL shift over. it forms into a named tropical system or not – will be heavy rain. Through.
Angel Oak plots expansion in non-QM correspondent lending Sources: Angel Oak Capital Advisors, Bloomberg, and BofAML. Issuance has been driven by CRT and NPL/RPL transactions over the past couple of years, but we expect the non-QM subsector will reinvigorate the NA RMBS going forward. Only $3 billion of non-QM bonds were issued in 2017, a fraction of the approximately $1 trillion