Issuance of spec-pool MBS in the second quarter increased at a faster pace at Freddie than at Fannie. Pools of loans for Florida properties continued to be favored over loans from New York and Texas. (Includes data table.)
Issuers of ABS backed by data center assets need to expand their investor base as some approach concentration limits within their portfolios, according to the Kroll Bond Rating Agency.
Adoption of AI in underwriting could significantly reduce refinancing costs for small loans, eroding the prepayment protection low-loan balances have typically provided.
Brandon Milhorn, president and CEO of the Conference of State Bank Supervisors, wants state examiners to be able to do their jobs and not function as data clerks.