Residuals from securitizations can generate close to 20% in returns though the asset class carries significant risks. Nonbanks are showing a strong appetite for the asset, but there is limited liquidity.

The Securities and Exchange Commission is seeking feedback on updates to disclosure requirements for publicly-registered non-agency MBS and ABS.

One way to get mortgage rates to decline and stay that way is to entice more institutional investors to buy agency MBS. The Federal Reserve is no longer increasing its holdings, but how much room is there at Fannie and Freddie? Answer: more than you might think.

The securitization rate for residential mortgages came down after reaching an elevated level in the first quarter of 2025. The rate declined for both GSE-eligible mortgages and non-agency loans during the second quarter. (Includes data table.)

Daily trades in agency MBS aren’t at bragging levels, but there is one positive: Spreads are narrowing.

The Trump administration wants to take Fannie Mae and Freddie Mac public, but it’s not clear whether the two would go public as one merged entity or as two separate companies.

The tool allows for more natural questions about MBS performance rather than requiring complicated coding.

The Securities and Exchange Commission will be seeking feedback next month on ways to boost issuance of publicly-registered MBS and ABS.

Wells Fargo was the top bank investor in Ginnie pass-throughs in the second quarter.

This is PennyMac's second prime jumbo MBS of 2025.