PIMCO Gets Picky on Non-QM Yields

Inside Mortgage Finance, June 28, 2022–Paul Muolo (subscription)
Pacific Investment Management Co. — which for years has been a behind-the-curtains player in non-agency mortgages — is getting pickier these days about what kind of residential loan paper it’s willing to buy.
https://www.insidemortgagefinance.com/articles/224999-pimco-gets-picky-on-non-qm-yields?