Fed by strong jumbo production, non-agency MBS issuance surged to $43 billion in the second quarter, the highest level since the end of 2007. (Includes three data charts.)
Read More
Although 30-day delinquencies were up, Fannie, Freddie and Ginnie all saw significant declines in the number of loans two- and three-payments past due. (Includes data chart.)
Read More
After a number of assessments, Ginnie Mae concluded that it is necessary to implement a more rigorous set of financial requirements for single-family MBS issuers.
Read More
FHFA warned the FHLBanks, one of the largest issuers of SOFR-linked derivatives, not to use other benchmarks as the banks shift away from LIBOR.
Read More
After focusing on securitization of residential bridge loans, Toorak Capital Partners is preparing an MBS backed by investment-property loans with 30-year terms.
Read More
The rating service has improved its outlook on auto ABS for the second time this year based on an economy rapidly healing from COVID-19 losses.
Read More
Priority Financial Network is steamed about the Ginnie application process and is searching for answers. Meanwhile, it could fund $2 billion in loans this year, including conventional, government and non-QMs.
Read More