FHFA Conducting Targeted Exams of Nonbanks March 29, 2024 Brandon Ivey Between October 2021 and August 2023, 21 exams were conducted.Read More
Subtle Shifts in Securitization Rate as Lending Declines March 29, 2024 Brandon Ivey The securitization rate for residential mortgages was 72.1% in 2023.Read More
Rithm Capital Preps RTL Securitization March 28, 2024 James Dohnert The deal received a preliminary A rating from Morningstar.Read More
Fed’s Losses on MBS Holdings Decline in 2023 March 27, 2024 Brandon Ivey In 2023, the Fed realized a loss of $56 million on its agency MBS holdings.Read More
Banks Add to MBS and ABS Trading Accounts March 26, 2024 John Bancroft The industry’s aggregate trading-account portfolio, which is measured in fair value, has been growing since the start of 2022.Read More
Chase Teams With Visio on IPL MBS March 26, 2024 Brandon Ivey Visio Financial Services originated 56.2% of the loans in the $324.1 million investment property MBS.Read More
Short Takes: Home Prices Decline / Sales of New Homes Slow / Renting Cheaper Than Buying / Non-QM Delinquencies Increasing March 26, 2024 Brandon Ivey The monthly decline in home prices in January was the first decline since August 2022.Read More
Conduit CMBS Losses Lowest Since 2009. (Not a Typo) March 25, 2024 Brandon Ivey Retail properties accounted for 68.5% of total losses...Read More
Fed Pondering Slowing Runoff of Balance Sheet March 22, 2024 Dennis Hollier "We’re talking about going to a lower pace," said Fed Chair Jerome Powell.Read More
Chase Puts Closed-End Seconds From Rocket in MBS March 22, 2024 Brandon Ivey Loans originated by Rocket Mortgage account for 80.2% of the planned $316.0 million issuance.Read More