Government lending increased by 14.5% while the rest of the market rose just 4.3%.

The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."

Two new partnerships were announced this month that will help assist with housing access on tribal lands.

Although existing home sales rose in October, the housing market is on track for its worst year in over a decade, according to Molly Boesel, principal economist at CoreLogic.

Most of the banking industry’s biggest players in residential MBS reported substantial increases in the value of their holdings in the third quarter. (Includes two data tables.)

The student loan ABS trusts and two industry trade groups have filed separate petitions asking the Supreme Court to review the case.

Rithm Capital hasn’t released many details on its new security backed by MSR, but its CEO Michael Nierenberg calls the transaction “novel” and market participants expect to see more such issuance.

The trade group called on the agency to move forward with its plan to allow loan-level options for MSR transfers.

MBS investors have largely been unscathed from rising delinquencies on non-QMs thanks to cures and structural protections. 

Investor interest in bank credit-risk transactions is expected to grow even if the transactions face regulatory challenges.