Bank holding companies reported a big increase in agency MBS held in trading accounts during the third quarter. The industry also boosted its commercial MBS and ABS holdings. (Includes two data tables.) Read More

New standards for qualified mortgages have created documentation hurdles for lenders and loan aggregators. Read More

More nonbanks are ready to take the HELOC plunge, using the MBS market as leverage. Among them: Homebridge and Angel Oak. Read More

Securitization rates increased for GSE-eligible loans, government-insured mortgages and non-agency mortgages. While bank demand for jumbos is declining, the vast majority of the loans don’t go into MBS. (Includes data table.) Read More

The lawsuit involved HAMP-modified loans in 36 non-agency MBS. Wells Fargo was the trustee of the securitized trust. Read More

Ten years after the first single-family securitization was issued, S&P Global Ratings is ready to assess the deals. Read More

ABS Advisory CEO Fouad Onbargi discussed new sources of warehouse financing and developing new classes of ABS. Read More

WeWork is renegotiating leases in an effort to reduce costs. In a 2021 commercial MBS from JPMorgan Chase, the monthly lease payment dropped by 25% and cash reserves in the deal are dwindling. Read More

Moody’s Investors Service said performance for student loan ABS is seeing issues as a result of public policy moves around student loan debt and a resumption of payments after a several-year pause. Read More