Investors tend to buy mortgage REIT stocks for the dividends they pay. But the sector, overall, has suffered this year, thanks in part to the widening spread between Treasuries and MBS.

Delinquencies on auto ABS are now above pre-pandemic levels, while losses are approaching the same threshold. Still, rating services aren’t too concerned, noting used vehicle prices and unemployment levels.

The cocktail of recessionary risk and inflation is putting pressure on the performance of MBS and ABS. Some sectors will perform better than others.

Private equity investors are turning to collateralized fund obligations, which include some features from the collateralized loan obligation sector. KBRA rated its first CFO last week.

Rocket and UWM ranked first and second, respectively, in terms of MBS issuance through the first nine months of 2022.

Cutting the 401(k) match will not be good for morale, one former loanDepot manager warned...

The interest rate spread is 350 basis points over the one-month SOFR...

One investment banker described loanDepot as "takeover bait"...

Fannie, Freddie and Ginnie saw a modest 4% increase in purchase-mortgage business during the third quarter, not nearly enough to offset the ongoing collapse in refinance activity. (Includes two data charts.)

Servicing rights to the rescue again? The third quarter is in the rearview mirror and it’s time for MSR owners to assess the asset value. But just how cautious should owners be? Some advisors worry.