Questions raised by the Fed prompted big banks to pause CRT issuance. Also, CRT issuance by the GSEs is expected to slow in 2023.

Ginnie Mae is seeking a new executive vice president and chief operating officer, a position that became vacant just last week.

After undertaking drastic leadership changes in December, Chimera is now looking to expand its investments beyond reperforming loans.

FINRA said the implementation of the amended Rule 4210 can’t take place until the SEC formally rescinds a 2022 stay.

There may be a rush to amend CLOs before the June 30 LIBOR transition deadline, according to S&P.

FDIC monitoring commercial MBS performance; MISMO to update ASF data standards; ACC subprime auto ABS servicing update.

After playing defense in 2022, investors appear to be willing to deploy capital even as the MBS and ABS markets face numerous headwinds. Attendance at this week’s SFVegas conference hit a record level.

Investors are pleased that FHFA has improved the capital treatment of commingled securities. The overall industry response to the proposed rule change, though, has been a resounding “meh.”

The mortgage servicing rights market has been incredibly volatile lately, Ginnie Mae President Alanna McCargo told attendees at SFVegas.

Prime jumbos are unlikely to account for the majority of non-agency MBS issued this year, a first for the products since the time before the financial crisis. Non-QM MBS issuance is holding up better and second-lien securitizations are building some momentum.