Non-Agency MBS Issuance Tops Pre-Pandemic Levels in 2021 January 11, 2022 Brandon Ivey Expanded-credit MBS issuance also increased in 2021, though it remained below the level seen in 2019.Read More
A Record-Setting Year for Ginnie Mae MBS Issuance January 10, 2022 Brandon Ivey The top issuer for the year: Freedom Mortgage with a whopping $106.9 billion...Read More
Fannie and Freddie Expect Record CRT Issuance in 2022 January 10, 2022 Dennis Hollier Freddie said it plans to “introduce new slices” to its STACR M-1 tranches.Read More
The Final MBS/ABS Tally for 2021: A Record $4.3 Trillion January 7, 2022 John Bancroft Continued low interest rates, courtesy of the pandemic, was a key factor in the results...Read More
Agencies Set Annual Record In 2021 Despite a Slower 4Q January 6, 2022 John Bancroft Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.Read More
Angelo Gordon Enters the GSE-Eligible Non-Agency MBS Market January 6, 2022 Brandon Ivey Blue River Mortgage III, Angelo Gordon’s conduit, started acquiring Fannie/Freddie-eligible loans for investment properties last year.Read More
First Non-Agency MBS of 2022 Stocked with GSE-Eligible Loans January 4, 2022 Brandon Ivey Collateral from a variety of lenders will be included in the deal, led by Paramount Residential Mortgage with a 7.5% share.Read More
Mortgage Banking Results Mixed at Banks and Thrifts January 4, 2022 John Bancroft A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...Read More
Fitch Tops in RMBS Ratings, S&P Leads the Pack in ABS Market January 3, 2022 John Bancroft Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.Read More
GSE Seller Repurchases Ratchet Higher in Third Quarter December 28, 2021 John Bancroft As of September, 2021 already represented the highest annual buyback total — which includes indemnifications as well as repurchases — since 2014.Read More