Cart

Inside MBS & ABS

August 24, 2023

View Archived Issues

Banks Continue to Retreat from MBS Market in 2023

Bank of America reported a $16 billion decline in its residential MBS portfolio, while a number of other banks shed more than $1 billion in the second quarter. Chase increased its holdings, but not but as much as the First Republic acquisition might have suggested. (Includes two data charts.) Read More

Proposed Capital Requirements Already Impacting Banks

The proposed capital standards were cited as one of the reasons by S&P for its decision this week to lower ratings of five regional bank. Read More

Secondary Market Leaders Focus on Relationship Building

As interest rate volatility rocks the secondary market, industry leaders are working on building strong relationships with loan officers. Read More

Spotty MBS Demand; What to Do About Rates?

These are trying times in the residential finance market. Mortgage rates are high, bond prices are falling and there’s a concern about a lack of MBS buyers. What to do? Let the Fed know how mad you are. Read More

Pooling Strategies in a Shrinking Market

While securitizations are often the best execution for Ginnie Mae loans, small and mid-sized GSE lenders will typically prefer the cash window. Read More

Nomura Agrees to $35 Million Penalty in MBS Scam

The New York-based financial firm admitted to providing false pricing information to residential MBS clients between 2009 and 2013. It also agreed to cooperate with investigations into former employees. Read More

Relief Available to Ginnie Issuers With Maui Exposure

For mortgage servicers, costs can spike in the initial months following a disaster as they must make sure they have the customer service staff on hand to talk with impacted borrowers. Read More

Whole-Business Securitizations Face Non-Royalty Payment Risks

A recession could put some strain on whole-business securitizations that are reliant on cash flows beyond royalties, according to S&P. 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