CPRs are headed in the right direction for MSR and MBS investors but for how long? Some forecasters see a rate decline coming in the fall.

The REIT giant has a reputation for being MBS-centric. But that doesn’t mean it can’t put its toes in the MSR pond too.

The complication of shifting from cash window deliveries to MBS swaps is going to cost lenders money whether they’re big or small.

After complaints from MBS investors regarding the reporting of performance of loans in non-agency deals, the Structured Finance Association released voluntary standards that could address the issue.

FoAM sees a growing potential in HECM securitizations and is expanding its menu in the space. Meanwhile, its SPAC/IPO has been green-lighted for early April.

In January, Fitch reported 28 newly delinquent hotel loans totaling $564 million. Retail loans were a distant second, with 18 newly delinquent loans worth a total of $268 million.

Some $714 billion of loans were removed from Ginnie MBS last year, with about 86% of them representing borrower payoffs. Repurchases of delinquent loans were also up sharply from 2019. (Includes two data charts.)

Hard-money servicer FCI is looking for more MBS assignments and is hopeful about 2021. Meanwhile: concerns over bids in the scratch-and-dent market?

Investors helped nonbank servicers with their advancing obligations for delinquent mortgages this year, but the outlook is murky.

Performance on non-agency MBS has improved after the spike in late payments seen in the spring. However, borrowers who are still delinquent could prompt losses for investors.