Switching from LIBOR to another reference rate looks to be difficult for vintage non-agency MBS. Adopting a replacement rate will require significant communication and cooperation among investors.

Redwood has suggested a number of changes that could boost issuance of non-agency MBS. The REIT wants reforms regarding risk retention and disclosures for non-agency MBS.

Pagaya has issued a $115 million consumer loan ABS backed by market-place consumer loans and managed solely by artificial intelligence.

With more transactions given the go-ahead, China’s RMBS and auto loan ABS sectors face new challenges, according to S&P.

A class-action lawsuit against the issuer of a credit card ABS has the potential to eliminate the preemption banks rely on when contributing assets to MBS and ABS.

Ginnie Mae announced new rating requirements and risk factors to improve and strengthen its oversight of MBS program participants.

The consumer finance ABS market continues to show signs of life. It helps that “big money” is playing a role behind the scenes.

MBS investors hedge against spiking prepayment speeds by identifying pools of mortgages less likely to refinance.

Ginnie Mae stress tests should be limited to issuers with largest and riskiest portfolios, the industry group suggested.

New Residential Investment Corp. is pulling an about-face, of sorts. After issuing new shares of common earlier in the year, it’s now embarked on a $200 million buyback program.