The new requirements under FINRA 4210 will apply to trades in the to-be-announced market as well as other agency MBS positions.

MBS trading has improved as investors and traders weigh the landscape. One positive: a benign inflation reading this week. But is this a head fake before worse news appears?

Ellington Financial plans to increase non-agency issuance. The real estate investment trust last month issued its first non-QM MBS in over a year.

Delinquencies and losses on subprime auto ABS have been rising. Improved underwriting and inflation leveling out could help improve performance, according to industry analysts.

Computershare recently started offering trustee services for MBS. Western Alliance was named as a trustee for a CLO deal.

Rocket’s originations and secondary market sales of home equity loans are flourishing without the GSEs. It’s also not yet clear how large of a role the GSEs would have in the market for closed-end second liens.

With Freddie finally increasing its STACR issuance in the first quarter, the GSEs’ slump in CRT activity could be abating. Older deals continue to be retired in a steady stream of tender offers by the enterprises. (Includes data table.)

Acra is once again entertaining the idea of issuing MBS through its own shelf. The wholesaler has also teamed up with a money manager.

The new complaint against the NCSLT builds on a recent court ruling affirming that the CFPB has regulatory powers over ABS trusts.

Four rated HEI securitizations have been issued since Morningstar DBRS began assessing the deals in October.