FINRA will implement margin requirements for trading of wide swaths of GSE MBS, including TBA transactions, specified pools transactions and collateralized mortgage obligations.
The Underserved Mortgage Markets Coalition has put together a list of actions the GSEs can take to meet their obligations under FHFA’s duty-to-serve program.
As a technical matter, Better.com’s SPAC maneuver is still alive. But with the refinance business waning and gain on sales slipping, the company’s future looks cloudy, at best.