Cart

Inside MBS & ABS

April 13, 2018

View Archived Issues

Non-Agency MBS Issuance Down Sharply in Early 2018 as Scratch-and-Dent Market Slows

The non-agency MBS market is starting to look more like it did before the financial collapse of 2008, although still a much slimmer version of its former self. [Includes three data charts.] Read More

Prime Non-Agency MBS Issuers Getting More Creative After Years of Plain Vanilla Issuance

With relatively strong demand from investors for prime non-agency MBS, issuers are starting to break the mold that was established after the financial crisis. Areas of experimentation include due diligence sampling, an emphasis on loans eligible for sale to the government-sponsored enterprises and specifically tailored transactions. Read More

Due Diligence Giant AMC is Sold As Non-Prime Securitization Heats Up

Stone Point Capital, which seems to have an insatiable appetite for mortgage-related assets, has added due diligence provider American Mortgage Consultants to its growing stable of companies. Read More

SIFMA Gives TBA Greenlight to GSE Plan To Issue CRT Debt in REMIC Structures

Fannie Mae and Freddie Mac cleared another hurdle in their efforts to expand the investor base for their mainstay credit-risk transfer programs when a leading Wall Street group said it saw no problems with a plan to structure future CRT issues as real estate mortgage investment conduits. Read More

Performance of Subprime Auto ABS Stabilizing After Sharp Spike in Delinquencies and Losses

Losses on subprime auto ABS spiked in 2016, prompting warnings from industry analysts about lenders loosening underwriting standards in an effort to gain market share. Subprime auto lenders and ABS issuers appear to have made some adjustments as losses stabilized last year, though some concerns about performance linger. Read More

IG, Lawmakers Point to Many GSE Supervisory Concerns During FHFA Oversight Hearing

The inspector general of the Federal Housing Finance Agency voiced concerns about the agency’s supervision of Fannie Mae and Freddie Mac, while lawmakers questioned why new products like the Integrated Mortgage Insurance (IMAGIN) credit risk-transfer program were implemented without going through the proper channels. 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