Bank ABS Holdings Decline in 2Q, Led by Consumer Assets August 29, 2022 John Bancroft The slippage reflected both declines in the market value of ABS as well as a modest trimming of assets.Read More
REIT MBS Holdings Down Again in 2Q22 August 26, 2022 John Bancroft REITs have seen their MBS portfolios shrink for six consecutive quarters since a cyclical peak at the end of 2020...Read More
Barclays Stocks (Somewhat) Seasoned Non-QMs in New MBS August 26, 2022 Brandon Ivey Loans in the deal have seasoned for an average of nine months...Read More
MBS Trading Continues to Slope Downward August 25, 2022 Paul Muolo The outlook for the remainder of the year? Not so hot.Read More
Stung by Valuations, Bank MBS Portfolios Shrink August 19, 2022 John Bancroft One positive development: Bank holdings of Ginnie Mae pass-throughs and non-agency MBS increased slightly in 2Q22...Read More
Ginnie Mae Eyes Expansion of FHA-HFA Risk-Share Program August 19, 2022 Monica Hogan Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...Read More
Change Opts for Income Documentation with Latest MBS August 18, 2022 Brandon Ivey Change, because it's a CDFI, is exempt from the Consumer Financial Protection Bureau’s ability-to-repay requirements.Read More
Ginnie and FHFA Release Mostly Simpatico Eligibility Requirements for Servicer/Issuers August 17, 2022 Paul Muolo and Dennis Hollier There are no stunning changes on the required capital minimums...Read More
Angelo Gordon Unit Stocks GSE-Eligible Loans Into Non-Agency MBS August 17, 2022 Brandon Ivey It's the first non-agency MBS with GSE-eligible mortgages for investment properties since May.Read More
The Decline in GSE MBS Issuance Slows in July August 16, 2022 Dennis Hollier The top three GSE MBS issuers in July: Rocket Mortgage, UWM and PennyMac Financial, all nonbanks...Read More