Secondary market player Maxex has received a new round of funding from its backers, but details are a bit light. The platform hopes to engage in more non-QM trading this year.

Only 4% of MBS and ABS assessed by Fitch received a positive rating impact from ESG factors. Meanwhile, S&P is set to expand its assessments in the ESG space.

The reputation of being a safe, liquid asset adds about 47 basis points to the “convenience premium” of agency MBS over investment grade bonds, according to the National Bureau of Economic Research.

An official from Ginnie Mae detailed how the agency’s tech modernization efforts align with HUD’s strategic and operational goals.

Ginnie Mae will play a crucial role in creating a more inclusive housing-finance system as part of HUD’s strategic plan.

As might be expected, most of the erosion has been in the refinance market.

At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.

FHFA regulator Sandra Thompson: “We’re trying to figure out ways that we can be helpful.”

Still, many states have not rolled out effective HAF programs...

The refinance sector took the biggest hit in the agency market during the first quarter of 2022, though it still accounted for just over half of the loans sold to Fannie, Freddie and Ginnie. (Includes two data charts.)