Federal banking regulators are still grappling with whether to re-propose a rule on capital requirements for large banks or to move on to a final rule.
Issuance of prime non-agency MBS in the first quarter of 2024 was driven by jumbo mortgages, though volume involving GSE-eligible mortgages also increased.
“This is the most attractive time to be acquiring residential loans since I started in the market in 1991,” said Carl Bell, a senior managing director at Invictus Capital Partners.
“Recent data showing stickier-than-expected inflation, rising mortgage rates and continued home price appreciation appear to have given consumers pause regarding the market’s direction,” said Doug Duncan, a senior vice president and chief economist at Fannie Mae.