Cart

Inside MBS & ABS

February 23, 2018

View Archived Issues

Banks Retreated Further From Non-Mortgage ABS In Late 2017, But Kicked Some Tires in Auto Sector

The banking industry continued to show tepid interest in the non-mortgage ABS market as 2017 came to a close, according to a new Inside MBS & ABS ranking and analysis. Read More

Analysts Expect More Preventive Measures Following Ginnie Mae Directives to Issuers

Ginnie Mae’s recent action to curb loan churning and faster prepayments will not be the last as the agency strives to protect veteran borrowers and investors against predatory refinancing practices, according to analysts. Read More

House Passes Bill that Could Add Stability to Secondary Market by Reaffirming Valid-When-Made Doctrine

The House last week passed a bill that industry participants insist will add stability to the secondary market. It would effectively overturn a 2015 court ruling that has introduced uncertainty for MBS and ABS, according to the Structured Finance Industry Group. Read More

MBS Trading Volume Starts the New Year With A Bang, FNMA 4.0 Emerges as New Benchmark

The average daily trading volume in agency MBS totaled $236.1 billion in January, the highest reading of the past year, and a sign that liquidity is strong. Compared to the month prior, trading activity increased by 12.8 percent, according to the Securities Industry and Financial Markets Association. Read More

MBA Circles the Wagons, Holds out for a ‘Guarantor-Based’ System for MBS Issuance

Even though the chances of housing-finance reform passing this year are growing dim, it hasn’t stopped the mortgage industry from promoting a model where a “guarantor-based” system eventually emerges. Read More

Credit-Risk Transfer Market Better Able to Warn of Downturn, Future Structure and Transparency Are Key

The credit-risk transfer market created in recent years by Fannie Mae and Freddie Mac is better poised to warn of systemic risk than the MBS market was prior to the financial crisis, according to new research by Susan Wachter of the University of Pennsylvania’s Wharton School. Read More

Deutsche Bank Securities, Former Head Trader Faulted by SEC for Misleading Commercial MBS Investors About Prices

The Securities and Exchange Commission completed an enforcement action last week against Deutsche Bank Securities and a former head trader at the firm regarding sales of commercial MBS between 2011 and 2015. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results