Goldman bought a portfolio of underwater securities from SVB that resulted in a nearly $2 billion loss at the now-failed bank.

Non-agency MBS issuance slows; Fund That Flip forms REIT for bridge loans; Arc Home hires Sprout’s former chief production officer.

The biggest increase was in residential MBS, which was up 7.1% in the fourth quarter to $287.23 billion...

When asked if there were other banks that might be in danger of failing, the Fed chair was dismissive.

It looks like the worst of the bank liquidity crisis could be over. And now questions are being asked: Why weren’t these banks hedged? And who bought their high-quality Treasuries and MBS?

In the wake of the recent bank failures, bank regulators could likely adjust standards regarding securities held by banks.

The failures of various banks shouldn’t have a significant impact on investors of MBS and ABS, according to rating services.

There are plenty of fix-and-flip home sales but profitability is starting to slip. Meanwhile, in his new book, Calabria takes a poke at nonbanks.

That retrenchment marks the slowest quarterly growth rate since early 2019...

SVB’s holdings of available-for-sale MBS totaled $8.46 billion or just 4.0% of its total asset base...