MBS creation is weak thanks to high mortgage rates and anemic refis but one positive for the market is the October increase in agency trading volumes. A real sign of hope or a head fake?

The Federal Reserve’s push to run MBS off of its balance sheet may cause interest rates to stay high even after quantitative tightening measures cease.

However, banks also held $58.99 billion of residential MBS in trading accounts, up $15.28 billion from June.

The new issuance from Balbec Capital received a preliminary AAA rating with somewhat higher credit enhancement than a typical expanded-credit MBS. It’s the second scratch-and-dent MBS from Balbec this year.

Rocket’s latest MBS of closed-end second-lien loans is anticipated to be sized at $371 million.

The change in course was fueled by mounting pressure from industry participants and members of Congress, among other stakeholders.

Angel Oak REIT posted an $8.3 million profit in the third quarter, after spilling red ink in the second quarter.

In October, the top five volume leaders in agency MBS issuance were all nonbanks, led by PennyMac Financial...

A 25-member bipartisan House group has called on the SEC to revise its proposed rule on conflicts of interest in the securitization market. The lawmakers said the SEC, in making the rule, went well beyond what was required by the Dodd-Frank Act.

Attendance at the ABS East conference hit a record this week even as industry participants are anticipating a recession. Parts of the ABS market are offering investors better returns than corporate debt.