Now that we may have a new president (or maybe not), the jockeying has begun for the top posts at HUD, Ginnie Mae and elsewhere.

The Toronto-based alternative asset manager is tapping the commercial MBS market to finance part of its acquisition of a hotel portfolio.

While Fannie began accepting single-family SOFR-indexed ARMs in Au-gust, it stopped taking LIBOR-indexed mortgages at the end of September. By the end of the year, the enterprise will no longer issue LIBOR-linked MBS.

With a relatively high share of borrowers missing mortgage payments, investors in non-agency MBS are seeing reduced cash flows and, in some cases, losses. Though mortgage performance is improving, the outlook for investors remains uncertain.

MBS trading slowed in September but market volatility returned this week, portending dicey conditions in the weeks ahead.

The majority of Freddie Mae’s forborne multifamily loans were in small-balance loan pools. Just 251 of them loans were in the company’s signature K-deals.

The vendor uses machine learning and artificial intelligence technology to select and purchase consumer loans from originators.

While mortgage IPOs are starting to look dicey, the debt market continues to be receptive. The latest issuer: wholesale giant UWM.

The nation’s two largest MBS-investing REITs reported higher-than-expected earnings per share for the third quarter. Annaly even declared a quarterly common dividend of $0.22 per unit.

Delinquencies in auto securitizations increased in August, the first uptick in five months. But losses were at record low levels during the month.