Close to half of the prime non-agency MBS volume in the market since early May has been in GSE-eligible mortgages. Rocket Mortgage is the latest issuer with a GSE-eligible offering, including a number of loans with eNotes.

There’s new chatter that no matter who occupies the White House come January, change may finally be in the air. But the key to ending the almost 16-year-old GSE conservatorships is to figure out how to placate MBS investors.

FHFA states the GSEs must integrate the management of climate-related risks into their existing governance frameworks.

Freddie Mac’s proposal to acquire closed-end second liens is unnecessary because there are adequate options available in the non-agency market, according to a number of trade groups.

The Federal Reserve, FHFA, large banks and the GSEs are all struggling to model the future impact of climate change, both on their specific businesses and on the broader economy.

Noncore products going into GSE securitizations saw less drop off than core products in the first quarter. (Includes data table.)

Meanwhile, the share of the safest mortgages — in terms of underwriting characteristics —  slipped to 11.26%...

The final legal process could stretch out for another year or two...

Both Democrats and Republicans have little interest in GSE reform, according to discussions this week at the SFVegas conference.

The increase was driven by higher scores on purchase mortgages.