The agency guaranteed $749 billion in MBS in fiscal 2020, a sharp increase from $453 billion in 2019. Credit: the refi boom.

For years, industry analysts raised concerns about the quality of CLOs, warning of poor performance. While issues from the coronavirus prompted some problems, AAA-rated tranches of CLOs have held strong.

In 2020, mortgage records were broken all over the industry. MBS trading, meanwhile, had its best year since 2010.

When Wall Street lines up to lend you money, that’s a good thing. Figure has a new LOC from JPM and is planning its first MBS deal.

The New York Supreme Court recently ruled in favor of the plaintiff in a decade-plus-old case against Credit Suisse tied to legacy non-agency MBS.

New loan-level information in the MBS disclosures will include delinquency status and payment plan history.

Thanks to the COVID crisis, appraisal reductions in commercial MBS are rising rapidly and may be a harbinger of future loan losses, warns Kroll Bond Rating Agency.

The property assessed clean energy ABS issued by Renovate America are “largely insulated” from the company’s financial troubles given its limited involvement in the deals post-issuance, according to KBRA.

On Wednesday, it was bedlam in the nation’s capital. Former Ginnie Mae President Michael Bright and others weighed in.

In December, the capital markets remained receptive to all that nonbanks and REITs had to offer. But will it continue?