The MBA noted that buyouts are capital intensive and can create liquidity stress for nonbanks, which don’t have large balance sheets to hold nonperforming loans for an extended period.

The Mortgage Bankers Association called on Ginnie Mae to create a new securitization program for early-buyout loans.

JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.

Servicing outstanding on 1-4 family mortgages increased by an estimated 0.8% during the third quarter. Ginnie servicing grew at more than twice that pace, fueled by refinance originations. (Includes two data tables.)

Among the top 20 Ginnie issuers in November there were just two federally insured depositories: U.S. Bank and Navy Federal.

PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.

Cardinal Financial issued the first Ginnie Mae MBS backed by VA loans with FICO 10 T credit scores.

ABS receive no-action relief on Rule 15c2-11 reporting; Ellington Management Group to securitize closed-end second liens.

The real estate investment trust sees positives in agency MBS despite concerns around the future of the GSEs.

The largest bank holder of agency MBS at Sept. 30? That would be Bank of America at $422.1 billion.