The decline was driven by conventional-conforming mortgages and government-insured mortgages. The securitization rate for non-agency mortgages actually jumped in the first quarter. (Includes data table.)

Analysts are not “raising alarm bells” yet despite increasing delinquency rates in the non-QM mortgage-backed securities sector.

Officials at Ginnie Mae noted that prepayment rates on Ginnie MBS increased at a faster rate than prepayment rates for GSE MBS due to a quirk in interest rates on VA refinances.

The battle between lenders and the GSEs over loan buybacks continues. But why force a repurchase if the loan is performing?

Ally Bank, Huntington National Bank and Santander Bank are in the market with credit-linked notes tied to auto loans.

Saluda Grade has acquired a minority stake in commercial real estate investment firm Hillcrest Finance.

In Georgia, investors who hold mortgages set for quick securitization will be exempted from the licensing requirements if they hold the loans for 14 or fewer days.

Lenders are compensating for climate change by requiring higher downpayments for properties in areas of higher flood risk and increasing subordination levels in securities with a higher concentration of mortgages in flood zones.

Invictus has launched a new business to provide insurance companies with access to residential loans.

Close to half of the prime non-agency MBS volume in the market since early May has been in GSE-eligible mortgages. Rocket Mortgage is the latest issuer with a GSE-eligible offering, including a number of loans with eNotes.