The decline was driven by conventional-conforming mortgages and government-insured mortgages. The securitization rate for non-agency mortgages actually jumped in the first quarter. (Includes data table.) Read More

JPMorgan Chase and several other large bank holding companies boosted their holdings of agency MBS in trading accounts during the first quarter. (Includes two data tables.) Read More

Analysts are not “raising alarm bells” yet despite increasing delinquency rates in the non-QM mortgage-backed securities sector. Read More

Officials at Ginnie Mae noted that prepayment rates on Ginnie MBS increased at a faster rate than prepayment rates for GSE MBS due to a quirk in interest rates on VA refinances. Read More

The battle between lenders and the GSEs over loan buybacks continues. But why force a repurchase if the loan is performing? Read More

Ally Bank, Huntington National Bank and Santander Bank are in the market with credit-linked notes tied to auto loans. Read More

Saluda Grade has acquired a minority stake in commercial real estate investment firm Hillcrest Finance. Read More

In Georgia, investors who hold mortgages set for quick securitization will be exempted from the licensing requirements if they hold the loans for 14 or fewer days. Read More

Lenders are compensating for climate change by requiring higher downpayments for properties in areas of higher flood risk and increasing subordination levels in securities with a higher concentration of mortgages in flood zones. Read More