It may seem counterintuitive, but MBS backed by reperforming loans, and thus not eligible to be traded in the to-be-announced market, are the ideal assets in collateralized mortgage obligation deals. According to a report from Stifel’s fixed income strategy division, the reason is simple — most modified loans are unlikely to be refinanced as they have “a unique and desirable prepayment profile.” Borrowers with modified loans have already had their rates dramatically reduced. They're unlikely to ...

New York-based real estate investment trust MFA Financial is working on two separate non-QM- related MBS deals that could come to market sometime this spring, according to officials familiar with the transactions.

CEO for Freddie but What About Fannie? GSE Hearings Set; JPM’s Latest MBS Deal…

The market for nonprime MBS is hot as issuers bring larger deals to meet demand from investors.

The overall mortgage securitization rate fell slightly in 2018, with 70.0% of home loans originated in the primary market ending up in MBS pools, according to an Inside MBS & ABS analysis. [Includes one data chart.]

Kroll Bond Rating Agency is optimistic about ABS backed by marketplace consumer loans in 2019, expecting relatively low credit risk.

There has been a significant uptick in the re-performing loan market, including whole-loan sales and securitizations (some unrated), as more borrowers move from a nonperforming to re-performing status, according to a new analysis by credit rating agency DBRS.

Issuance of nonprime MBS got off to a strong start this year, maintaining the momentum established in 2018.

Redwood Trust is set to issue the first prime non-agency MBS the market has seen in more than a month. Issuance has all but grounded to a halt after October, but industry analysts expect more volume to flow following the Redwood deal.