A former Credit Suisse team has picked up where it left off with a new RPL MBS issued through Atlas Portfolio Partners.

The court said a non-signatory to an agreement, in this case Ginnie Mae, cannot lay claim to the benefit of a forum selection clause.

The restaurant chain was removed as manager of its 2017 whole-business securitization following a slew of reporting errors and rating downgrades.

Later this year, delinquency rates on commercial MBS could top levels seen during the pandemic, according to Moody’s.

The outlook for Fed action is largely positive for MBS investors, with interest rate volatility expected to decline. Still, rate cuts will introduce a risk that has been limited for years: prepayments.

Radian Mortgage Capital hopes to issue jumbo MBS every quarter starting next year. It is also eyeing non-QM issuance.

Issuance of non-agency MBS looks to pick up after a slow period before Labor Day.

A new Urban Institute paper called on policymakers to build on the Financial Stability Oversight Council’s recommendations to address liquidity vulnerabilities among nonbank Ginnie Mae issuers.

Common Securitization Solutions looks to use its data and risk management skills to expand the services it provides the GSEs.

The Third Circuit Court of Appeals recently ruled that student loan ABS trusts are subject to the CFPB’s authority.