A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...

CEO Don Layton: "...we are generating a consistent stream of new innovations for our customers."

The participation of banks other than Chase and First Republic marks a significant shift in the prime non-agency MBS market.

Layton said Freddie is exploring the use of additional credit risk transfers...

Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…

Impac was a major contributor to the non-QM MBS with a 59.6 percent share…

REITs exploited the captive loophole earlier in the decade, gaining access to low-cost FHLBank advances.

Michael Bright’s quick, effective response to the VA loan-churning problem that led to rapid prepayments in Ginnie Mae mortgage-backed securities earned kudos from senators during his confirmation hearing this week. Judging by the positive responses of members of the Senate Committee on Banking, Housing and Urban Affairs, Bright, the administration’s choice to lead Ginnie Mae, will likely get the job. Bright received praise particularly for the swift disciplinary action he took against lender/issuers that were targeting and misleading VA borrowers into repeated refinancing without any clear benefit. Nine lenders were directed to take corrective actions while three of the worst offenders were barred from the agency’s multi-issuer security pools. Bright joined Ginnie Mae in July 2017 as executive vice president and chief operating officer. Two months later he began an investigation into rapidly prepaying VA loans ...

The non-mortgage ABS market took a breather in the second quarter as new issuance fell modestly from the red-hot pace at the start of the year, according to a new Inside MBS & ABS analysis.

Federal regulators should separate capital standards for banks from accounting standards, according to the Structured Finance Industry Group. Such a maneuver would likely allow banks to issue risk-sharing transactions similar to deals in recent years from Fannie Mae and Freddie Mac.