Annaly Capital Management remained the biggest REIT investor in the MBS market, but AGNC Investment gained a lot of ground in the third quarter. (Includes two data tables.) Read More

The SEC has finalized a rule prohibiting certain conflicts of interest in the securitization market. Industry participants are largely happy with changes in the final version of the rule. Read More

More punitive capital treatment of commercial real estate under Basel III could prove to be a boon for CMBS issuance. Read More

The red-hot vehicle ABS market saw intense competition between S&P and Fitch for ratings supremacy. Kroll rode the resurgent ECM MBS market to boost its share of rated issuance. (Includes two data tables.) Read More

After S&P made changes to its insurer risk-based capital adequacy criteria, Arch Capital canceled eight of its mortgage insurance-linked note transactions, citing newly unfavorable capital treatment. Read More

Bank of America Global Research is projecting an increase in agency MBS issuance next year despite muted demand from banks. Read More

REIT values can rise and fall depending on interest-rate swings. The good news is that rates have steadily dropped the past five weeks. The bad news: A rate cut by the Fed will need a recession to occur first. Read More

The criteria include new calculations for property values and qualitative adjustments tied to loan-to-value ratio-sizing benchmarks. Read More