Second-Level MBS Issuance Tracks 3Q22 Market Slump December 20, 2022 John Bancroft New rules from the FHFA require Fannie and Freddie to hold more capital for commingled Supers...Read More
Bad News for Refis: 94.5% of Agency MBS Has Current Interest Rates of 5.0% or Less December 16, 2022 John Bancroft For many homeowners, their current mortgage rate is too valuable (low) to give up...Read More
Fannie, Freddie Deliveries Continue to Slide in November December 6, 2022 Dennis Hollier In the fourth quarter of 2020, the GSE market share peaked at 64.0%.Read More
Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
Who Bought Angel Oak's Non-QM Loans? An Investor Based in Atlanta... December 2, 2022 Paul Muolo The loans sold for 83 cents on the dollar. Par is 100...Read More
REITs Report Small Gain in Residential MBS in 3Q December 2, 2022 John Bancroft Annaly remained the top REIT MBS holder with $81.88 billion at Sept. 30...Read More
Bank ABS Holdings Decline Again in 2022 Third Quarter November 29, 2022 John Bancroft TD Bank was the biggest ABS investor overall...Read More
Angel Oak Sells Underwater Non-QMs for 83 Cents on the Dollar November 28, 2022 Paul Muolo The information was contained in 8-K filed just before the Thanksgiving holiday.Read More
JPMorgan Readies First DSCR MBS. 20% of the Collateral Comes from Sprout November 28, 2022 Namrata Bhatia The DSCR security from JPM is secured by 980 loans...Read More
Lenders, Analysts Remain Nervous About Ginnie's Eligibility Rules November 28, 2022 John Bancroft The most controversial part of the scheme: a 250% risk weight on agency MSRs...Read More
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