In September, FINRA received approval from the SEC for a plan to require one-minute reporting of many MBS and ABS trades. Now the self-regulatory organization is scuttling implementation, citing concerns from industry participants.

Ginnie Mae signed a memorandum of understanding with South Korea’s state-owned government-sponsored enterprise to remove barriers to investments in housing.

Bank of Hope anticipates three-year earn-back period following sale of low-yielding MBS; Figure touts strong demand for HELOC securitization; Wells transferring some non-agency MBS servicing to Shellpoint; Hooters whole-business securitization downgraded again.

The GSEs lost share to FHA and bank portfolios. Freddie Mac accounted for almost all of the  decline.

The Fed is allowing its holdings of agency MBS to run off and many other big players in the MBS market appear to be close to tapped out.

MBS trades slipped in April as markets digested the latest tariff and budget machinations of the Trump administration. MBS prices are going nowhere but MSR values continue to increase.

Joseph Gormley, the recently-appointed executive vice president of Ginnie Mae, said foreign interest in Ginnie securities might soon come from beyond the typical investors.

The Trump White House wants the Fed to cut rates but with employment healthy and U.S. deficits growing larger, that’s not likely to happen. One casualty: MBS prices.

Portfolio holdings at the government-sponsored enterprises declined across the board during the first quarter of 2025. On an annual basis, Fannie Mae increased its holdings of MBS while Freddie Mac’s mortgage holdings increased. (Includes data table.)

The company said that despite recent volatility caused by tariffs, it will continue to make additional loan purchases.