If the non-agency MBS market wants to avoid harsh regulations, it should seriously consider self-governance as an option, the Structured Finance Association believes.

Rates have fallen to historic lows, with MBS values rising. However, as the weekend approached uncertainty prevailed. The wild card: prepayment speeds.

The SEC’s Office of Credit Ratings is exploring how it can address conflicts of interest in ratings of MBS and ABS. An increase in performance-related disclosures and boosting unsolicited ratings are being considered.

The FHFA’s inspector general has criticized the agency’s workforce planning process, particularly in the Division of Enterprise Regulation.

Cherry Hill, a Freedom Mortgage-affiliated REIT, likes the non-QM market but isn’t ready to jump in the pond. Maybe in 2021?

The New York Fed performed two separate repo market maneuvers on Tuesday: a $100 billion overnight operation and a $20 billion 14-day assignment. Both were oversubscribed.

Continued retail store closures put billions of dollars in commercial MBS at risk. Fears of coronavirus outbreak added even more pressure.

Investor demand for MBS and ABS is high but then uncertainty is also increasing, which could prompt more issuance earlier in the year.

Federal regulators should make changes to capital requirements that would allow banks to complete credit-risk transfer transactions similar to the deals issued by the GSEs, according to industry participants.

It was a wild ride (down) in the stock market this week, thanks to economic fears tied to the coronavirus. Of course, bonds soared and rates tanked. MBS implications?