If the central bank was required to mark its securities holdings to market, it would be more than $1 trillion in the hole, according to a new research paper.
Issuance of GSE Supers MBS remained elevated in the fourth quarter, although down significantly from the previous period. Ginnie remains king of the agency REMIC market. (Includes two data tables.)
Secondary market prices are firming up for non-QM whole loans, but there is chatter among investors that early-stage delinquencies are on the rise. A blip on the radar screen or something else?
Issuance of home-improvement securitizations came in at $3.5 billion in 2023, according to Kroll Bond Rating Agency. Some of that volume was in privately-rated deals that haven’t been disclosed to this point.