Cart

Inside MBS & ABS

August 10, 2018

View Archived Issues

Commercial MBS Issuance Rebounded from Slow Start in Early 2018, Led by Non-Agency Deals

A total of $57.38 billion of income-property mortgages was packaged into new securities during the second quarter of 2018, a solid 12.3 percent increase from the first three months of the year, according to a new Inside MBS & ABS analysis. [Includes two data charts.] Read More

Expanded-Credit Mortgage Securitization Faltered Slightly in Second Quarter Despite Nonprime Gain

Securitization of newly-originated expanded-credit mortgages declined slightly in the second quarter despite a strong showing in the nonprime sector. [Includes one data chart.] Read More

Help Wanted: $3 Trillion MBS Guarantor Seeks New CEO, Must be Able to Live on $600K a Year

Fannie Mae is in the hunt for a new CEO to replace current chief Timothy Mayopoulos, but finding just the right candidate could prove difficult because of a $600,000 salary cap placed on the position back in 2015 by Congress. Read More

Annaly and AGNC Investment Continue to Hum Along But MBS Growth May Eventually Disappoint Investors

The nation’s two largest real estate investment trusts that focus on the MBS market – Annaly Capital Management and AGNC Investment Corp. – have built up their MBS portfolios over the past year despite sluggish second-quarter activity. Read More

GSE Shareholders Propose New Theory in Their Challenge To Net Worth Sweep Focusing on FHFA Constitutionality

Fannie Mae and Freddie Mac shareholders are working to make sure their cases against the government don’t get shoved aside after a string of adverse court decisions. Plaintiffs are looking to tweak their complaint to include a challenge based on a ruling in another case that the Federal Housing Finance Agency structure is unconstitutional. Read More

More Losses to Come in Commercial MBS Due to Rising Appraisal Reductions, Warns KBRA

Appraisal reductions in post-crisis commercial MBS are rising rapidly and may be a harbinger of future loan losses, warned Kroll Bond Rating Agency. Read More

Wells Fargo, HSBC Will Pay $3.7 Billion to Resolve Legacy MBS Claims; Lehman Sub to Pay $41 Million

Two major banks and a defunct subsidiary of Lehman Brothers have agreed to settlements with the Department of Justice to resolve legacy non-agency MBS disputes. 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