New Federal Reserve Chair Kevin Warsh says markets will have ample warning before the central bank makes significant changes to its balance sheet policy.

FHFA plans to issue a proposed rule regarding credit-risk retention and the SEC is working toward a proposal to encourage issuance of publicly registered MBS and ABS.

Figure issued a fully pre-funded securitization with HELOCs, with the firm touting the effort as an alternative to the agency TBA market.

The Supreme Court of Maryland ruled passive trusts that hold mortgages don’t need to obtain a mortgage license.

An affiliate of Bayview Asset Management is marketing a mortgage-backed security of closed-end second-lien mortgages originated by Rocket Mortgage.

SFA and other trade groups are seeking major changes to the re-proposed bank capital requirements. MBA raised concerns that non-agency MBS would receive more favorable capital treatment than GSE MBS.

Investors see expanded-credit MBS as a safer bet than consumer ABS and CLO deals.

More than 90% of expanded-credit mortgage production went into MBS in the first quarter of 2026. (Includes data table.)

Ginnie Mae and whole loans have gained servicing share in recent years to the detriment of Fannie Mae and Freddie Mac. (Includes two data tables.)

Sylvain Raynes, the new lead of the structured finance practice at Egan-Jones Ratings Company, warned that MBS and ABS investors are losing money if they’re relying on fairly static ratings from other firms.