Wide swaths of traditional MBS buyers are sitting on the sidelines, avoiding acquisitions. One possible explanation: concern over prepayments.

Ginnie Mae President Alanna McCargo said she’s hopeful the one-year extension of the implementation deadline for Ginnie’s new risk-based capital requirements will give its nonbank issuers room to breathe and time to consider their restructuring.

The Swiss bank is transferring most of its securitized products unit to a group of investors — affiliates of Apollo Global Management and PIMCO. The deal is expected to close in the first half of 2023.

Thanks to MBS-to-Treasury spreads busting their straitjackets, it’s been a tough row to hoe for MBS owners, particularly REITs. But signs of improvement could be on the horizon.

Loan modification is easy when interest rates are low, but what does foreclosure mitigation look like when rates soar?

Much like the GSEs, banks have the ability to share credit risk on a pool of assets. However, bank CRT issuance has been limited thus far as industry participants wait for an endorsement from banking regulators.

It appears that UWM now has bragging rights to being the largest originator in the land, at least based on 3Q results.

Affiliates of Apollo and PIMCO will acquire most of the bank’s securitized products group...

MBA's finding on origination losses wasn't exactly a surprise...

The new reading comes during a treacherous time for the residential finance industry.