Cart

Inside MBS & ABS

March 11, 2021

View Archived Issues

DBRS Builds RMBS Ratings Share, S&P Steady in ABS

The ratings business was down in both non-agency MBS and ABS last year, and firms scrambled to maintain share in declining markets. (Includes two data charts.) Read More

PSPA Limits on Investment Loans Go Into Effect in April

Many lenders were under the impression the new restrictions on Fannie’s and Freddie’s acquisition of mortgages for second homes and investment properties would go into effect next year. Apparently not. Read More

Investor Losses in Expanded-Credit MBS Near Zero

Prepayments helped pay down senior bonds, making the remaining subordinated tranches the larger share of an expanded-credit deal’s balance. Result: A larger cushion against potential losses, DBRS said. Read More

A New Avenue for Warehouse Providers: Credit-Risk Transfers

CRT investors now have a new investment opportunity: securities backed by warehouse lines of credit. The beginning of something big? Read More

FHFA’s Proposed Liquidity Rule Requires Some Work

Under the new proposal, agency MBS received through reverse purchase agreements would not be considered high-quality liquid assets, a departure from coverage ratio standards used by bank regulators. Read More

Number-Seven-Ranked LD Ready to Play in EBO Arena

The Ginnie Mae early buyout game is catching on fast, with new players entering the fray. loanDepot recently increased a repo line, bolstering its ammunition. Read More

Expanded-Credit MBS Deals Lag Prime Non-Agency Activity

Prime non-agency MBS with newly originated mortgages continue to hit the market while expanded-credit issuers are struggling to source loans. Read More

FHFA’s Proposed Rule on GSE ‘Living Will’ a Bad Idea?

The proposed rule would require the GSEs to write living wills that include no government support. However, their PSPA with Treasury includes letters of credit with an outstanding balance of $254 billion. 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