The handling of a lawsuit relating to repurchase activity on pre-crisis non-agency MBS could have a wide-ranging impact on the industry, according to the Securities Industry and Financial Markets Association.

Prepayment speeds for recently issued Fannie Mae and Freddie Mac MBS in the to-be-announced market were closely aligned during the third quarter, according to a new report from the Federal Housing Finance Agency.

Commercial banks and savings institutions added to their holdings of certain categories of non-mortgage ABS during the third quarter, but the industry’s total ABS portfolio was down slightly, according to a new Inside MBS & ABS analysis of call-report data. [Includes three data charts.]

Year-to-date agency securitization of conforming-jumbos totaled $72.36 billion as of the end of September…

Most of the refinancings facilitated by Fannie and Freddie are cash-out deals…

Former MBA Chief Dave Stevens on the higher conforming loan limits: “For an industry led mostly by conservatives, this dependence on a socialized financial system is really ironic.”

Arch Chief Economist DeFranco says despite lower sales, it’s still a seller’s market in most cities…

HERA allows exceptions for the maximum conforming loan limits for “high cost areas.”

Caliber’s loans are generally underwritten to a full documentation standard for income, assets and employment.

Stakeholders don’t anticipate the FHFA, with a new director nominated by President Trump, to move immediately to reduce the current benchmark loan limit...