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.

The REIT pooled nine multifamily affordable commercial real estate loans in a $384 million securitization.

Valverde leaving Ginnie; Cherry Hill ditches Middleman; mortgage rate futures planned; strong master servicer ranking for Computershare; new ETF with MBS; SFA appoints new global head of advocacy.

The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.

Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.