Residential MBS transactions will likely experience a spike in delinquencies, but performance will return to pre-storm levels within a year, according to Moody’s.
The SEC alleged Macquarie Investment Management Business Trust’s valuation practices for collateralized mortgage obligations violated the Investment Advisors Act and the Investment Company Act.
A new white paper says MBS investors can learn more about projected mortgage prepayment activity if MBS modeling is expanded to incorporate trended credit data.
FINRA received approval from the SEC to shorten reporting requirements for most trades of MBS and ABS from within 15 minutes to within one minute of a deal having transpired.