The deal received a preliminary A rating from Morningstar.

In 2023, the Fed realized a loss of $56 million on its agency MBS holdings.

The industry’s aggregate trading-account portfolio, which is measured in fair value, has been growing since the start of 2022.

Visio Financial Services originated 56.2% of the loans in the $324.1 million investment property MBS.

The monthly decline in home prices in January was the first decline since August 2022.

Retail properties accounted for 68.5% of total losses...

"We’re talking about going to a lower pace," said Fed Chair Jerome Powell.

Loans originated by Rocket Mortgage account for 80.2% of the planned $316.0 million issuance.

Most major investor categories increased their holdings of MBS during the fourth quarter, while the Fed continues to let its holdings slowly run off.

The budget approved by Congress for Ginnie Mae for fiscal year 2024 included the largest annual increase in funding in the agency's history.