Participants in the MBS and ABS market took major steps toward addressing the end of the London Inter-bank Offered Rate. This week, the Structured Finance Industry Group released a draft of best practices for transitioning new issuance away from LIBOR, echoing similar moves by the Al-ternative Reference Rates Committee administered by the Federal Reserve and the New York Fed.

With many consumers shopping at brick-and-mortar stores this holiday season, mortgages on department stores and shopping malls that are included in commercial MBS will likely see good performance in the end of 2018, said DBRS. [Includes one data chart.]

The ARM share typically goes up when interest rates rise, but not this time around…

The profit margin outlook has declined for nine consecutive quarters…

The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…

Meanwhile, acting Ginnie Mae President Michael Bright still awaits Senate confirmation, even though he was officially nominated to the post by President Trump on May 15.

The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...

Joseph Otting will be joining the Trump administration's "two-hat" club...

The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...

Mortgage lending and secondary market activity generated a modest increase in earnings for a diverse group of publicly held companies, according to a new Inside Mortgage Trends analysis of earnings reports. At the same time, servicing income was down substantially. The 13 companies included in the roundup reported a combined $816.3 million in income from production-related activity during the third quarter. That was up 2.8 percent from the ... [Includes one data chart]