Cart

Inside MBS & ABS

October 1, 2020

View Archived Issues

DBRS Ranks First in RMBS Ratings, S&P Leads in ABS

Despite plunging volume in rated MBS and ABS during the second quarter, some ratings services managed to increase market share. (Includes two data charts.) Read More

Securitization Rate Zooms Higher in 2Q20 MBS Boom

Fannie and Freddie recorded a huge increase in single-family MBS during the second quarter, capturing a huge share of the growing conventional-conforming loan market. (Includes data chart.) Read More

CSBS Moves Ahead with Nonbank Servicing Standards

As nonbank MBS servicers continue to gain market share, additional regulation looms large. The latest effort comes from the CSBS. Read More

GSEs Issue New Servicing Policies for Delinquent Loans

The new policy, which begins Jan. 1, will allow servicers to purchase delinquent loans out of MBS pools for up to two years. Read More

Kroll Settles SEC Charges Tied to CMBS, CLO Notes

KBRA was accused of getting sloppy on due diligence tied to CMBS and CLO deals. Without admitting wrongdoing, the rating agency agreed to pay $2 million-plus. Read More

MBS Trading Volume Increases as Demand Remains High

Recent uncertainty surrounding equities drove investors into bonds, especially agency MBS. One result: The average daily trading volume in agency product climbed to a multi-month high in August. Read More

New ABS Tied to Restaurant, Powersports Equipment

ABS tied to Bojangles, powersports equipment and airline mileage programs recently hit the market. Meanwhile, a whole-business ABS from Planet Fitness was downgraded. Read More

Office CMBS May Be the Next COVID Victim

While the delinquency rate for office property CMBS has (so far) been contained, the acceleration of the work-from-home trend may reduce demand for office space and increase cash flow volatility. Read More

End of LIBOR Prompts Complex Issues for Legacy Non-Agency MBS

There’s little uniformity in how non-agency MBS issued before 2018 will address the end of LIBOR. The majority of deals will switch to a fixed rate, while others allow for an alternative reference rate. 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