News Briefs March 24, 2023 Brandon Ivey Non-agency MBS issuance slows; Fund That Flip forms REIT for bridge loans; Arc Home hires Sprout’s former chief production officer.Read More
Despite Deteriorating Values, Banks Boosted MBS/ABS Holdings in 4Q22 March 24, 2023 John Bancroft The biggest increase was in residential MBS, which was up 7.1% in the fourth quarter to $287.23 billion...Read More
No Doubt in Powell's Mind Who Caused SVB's Collapse: Management March 24, 2023 Dennis Hollier When asked if there were other banks that might be in danger of failing, the Fed chair was dismissive.Read More
The Liquidity Crisis: And the MBS ‘Winners’ Are… March 23, 2023 Paul Muolo It looks like the worst of the bank liquidity crisis could be over. And now questions are being asked: Why weren’t these banks hedged? And who bought their high-quality Treasuries and MBS?Read More
Banks Face Regulatory Pressure on MBS Holdings March 23, 2023 Brandon Ivey In the wake of the recent bank failures, bank regulators could likely adjust standards regarding securities held by banks.Read More
MBS and ABS Investors Protected From Bank Failures March 23, 2023 Brandon Ivey The failures of various banks shouldn’t have a significant impact on investors of MBS and ABS, according to rating services.Read More
Grapevine: Trouble in Fix-and-Flip Land? / About Nonbanks… March 23, 2023 Paul Muolo and Dennis Hollier There are plenty of fix-and-flip home sales but profitability is starting to slip. Meanwhile, in his new book, Calabria takes a poke at nonbanks.Read More
As Banks Retreat from MBS, Other Investors Step Up March 17, 2023 John Bancroft That retrenchment marks the slowest quarterly growth rate since early 2019...Read More
When Forced to Sell HTM Assets (MBS), the Red Ink Flows March 17, 2023 Paul Muolo SVB’s holdings of available-for-sale MBS totaled $8.46 billion or just 4.0% of its total asset base...Read More
Ginnie Requests Funds for Servicing RMF’s HMBS March 16, 2023 Monica Hogan As part of its 2024 budget proposal, the White House has asked for a $20.6 million increase in funding for Ginnie Mae.Read More