The principal change in the proposed FHFA rule is to treat Ginnie mortgages differently from those of Fannie Mae or Freddie Mac.

Banks will no longer have to meet extensive disclosure requirements for their MBS deals to receive investor-friendly protections. The change was met with criticism from an Obama appointee to the FDIC’s board.

In efforts to move from LIBOR to SOFR, the GSEs informed market participants to expect new language on all single-family uniform adjustable-rate mortgage instruments that close on or after June 1.

There is a stark difference between Democrats and Republicans when it comes to the proposals to codify the valid-when-made doctrine.

In a surprise move, Chase this week said it’s contemplating a return to FHA direct lending. Ramifications for the Ginnie MBS market? Yes.

Hiring of a financial advisor marks a significant milestone toward ending the conservatorships of the GSEs, says FHFA Director Mark Calabria.

The $122 million issuance by Oasis Financial will be backed by litigation funding and medical-lien advances related to personal injuries. The deal received a preliminary A- rating.

The agency restructuring is aimed at preparing the FHFA for its role after Fannie Mae and Freddie Mac exit conservatorship.

December was a slow month for MBS trades but 2019, on average, was quite good. Meanwhile, just when you thought rates might start rising, a monkey wrench or two gets thrown into the works.

The SEC found numerous compliance issues when examining rating services in 2018. The report on the problems, though, was even more vague than usual.