Securitization could be used to boost liquidity for CDFIs, but challenges exist for the institutions to enter the secondary market.

Non-agency MBS issuance picked up prior to the election then paused for about a week. Redwood ended the lull.

Two new unrated RTL securitizations were issued in the past couple of weeks despite growing investor interest in rated deals.

Improved execution is prompting some issuers to stock non-agency MBS with agency-eligible investment property loans.

Ginnie Mae Acting President Sam Valverde believes long-term commitment of resources could allow the agency to do more to address nonbank liquidity challenges.

Ginnie Mae Acting President Sam Valverde said loan-level securitization could help liquidity.

JPMorgan Chase remained the top issuer of non-agency MBS in the third quarter, increasing its issuance by 25.8%. (Includes data tables.)

Genesis Capital has issued more than $1 billion in rated residential transition loan securitizations since Morningstar DBRS started rating the securitizations in March.

FHA lenders said the proposed rule would raise the cost of multifamily construction lending.

Securitization rates held steady in the second quarter for conventional-conforming as well as government-insured mortgages. In the non-agency market, demand from MBS investors declined. (Includes data table.)