Non-Agency MBS Issuance Neared Post-Crash High In 2015, But Seasoned Collateral Dominated Market
January 15, 2016
New issuance of non-agency MBS rose smartly in 2015, nearly matching the highest annual production volume since the financial market meltdown back in 2007. Some $61.60 billion of non-agency MBS came to market last year, a solid 13.9 percent increase from 2014, according to Inside MBS & ABS. This figure does not include Fannie Mae and Freddie Mac credit risk-transfer deals – which attract traditional non-agency MBS credit investors but are ... [Includes three data charts]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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