Refinances account for 83.1% of the collateral. The average interest rate is 3.00%, the average credit score 780...

Thrifts posted a hefty 11.2% increase in their MBS portfolios, while credit unions boosted their holdings by 7.8%...

The IAC said the SEC chose to make the reports confidential, despite the fact that the authorizing legislation didn’t require it.

Even non-agency MBS had a strong month, with daily trades averaging $3.5 billion, a sequential monthly improvement of 20.6%.

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.

DBRS made strides in the expanded-credit MBS market with $10.95 billion in business, a 19.5% increase from 2019 at a time when overall rated issuance fell 24.7%

Grier will remain as a director, though he’ll abstain from committee work. He’ll also receive the standard CEO base salary of $600,000...

The FHFA based its 30-day liquidity requirement on the coverage ratio used by bank regulators.

Fun fact: February has the fewest number of business days in the year and typically represents the low spot in seasonal housing activity. 

Provident is stocking its MBS with conforming jumbos. Morgan is aggregating product through various lenders.