Robust issuance of subprime and Alternative A securities boosted the non-agency MBS market to its second strongest year ever in 2006, with a total of $1.146 billion of new issuance, according to a new analysis by Inside MBS & ABS...
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Countrywide Financial remained the biggest issuer of non-agency MBS last year, producing more than twice as much as its nearest rival, according to a new ranking based on the Inside Mortgage Finance MBS Database...
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An apparent compromise over new regulatory authority over the retained portfolios of Fannie Mae and Freddie Mac may grease the skids for legislation that would reform oversight of the two government-sponsored enterprises...
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Rising interest rates and less bank appetite for mortgage securities could provide a more challenging environment for the MBS market in 2007, according to a new report by Barclays Capital. Interest rates will probably inch higher in the second quarter...
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Mortgage firms looking to support their net-interest margins as well as more tightly manage credit risk may have found help in synthetic risk transfers as an alternative to mortgage securitizations, according to a new report from Standard & Poor’s...
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Mortgage lenders appear to be tightening up their underwriting standards for closed-end second lien loans, or “piggybacks,” as earlier vintages show increasing losses and delinquencies, according to a new market analysis by Dominion Bond Rating Service...
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Extended amortization products, such as 40-year mortgages, are gaining popularity within the subprime market, and Moody’s Investors Service recently announced a favorable stance on the products as well...
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