Most people who are not in straight-jackets believe the chances of GSE reform by 2016 are pretty much zero. Just in case you were wondering and needed a reminder…

NYCB Mortgage Co. is the top contributor to the jumbo MBS with a 13.5 percent share.

The increase was a rare occurrence: Since 2009 the balance of non-agency debt outstanding has been on the wane.

Fannie Mae provided no additional information on the departure, which sounds temporary in nature.

KBW, by the way, has set a $1 per share price target for both Fannie and Freddie.

Even without the bump in seasoned loans (courtesy of BofA), Freddie’s MBS activity was up significantly from January.

Sixteen publicly-traded mortgage REITs reported a fair market value of $282.62 billion for their aggregate MBS holdings at December 31.

Agency single-family MBS issuance rose 2.8 percent in February on the back of a huge increase in securitization of seasoned home loans at Freddie Mac, according to a new Inside MBS & ABS ranking and analysis of loan-level MBS data. Fannie Mae MBS issuance fell 3.2 percent from January to February, and Ginnie Mae production was down 12.8 percent. But Freddie Mac issuance jumped by $7.05 billion from January’s level, a gain of 30.8 percent in a month. Freddie securitized...[Includes two data charts]

With the ink still wet on a $2.6 billion settlement agreement reached in principle with the Department of Justice late last month, Morgan Stanley is apparently in discussion with New York Attorney General Eric Schneiderman to avert another potential MBS lawsuit. In a recent regulatory filing, the investment bank disclosed that the New York AG Office, also a member of the presidential RMBS Working Group that brought the previous MBS lawsuit against the firm, indicated its intention to file a similar lawsuit. The lawsuit is related to approximately 30 subprime securitizations sponsored by Morgan, the AG wrote in a Jan. 13 notice to the bank. The suit would allege...

Nationstar Mortgage has filed a $1 billion shelf registration with the Securities and Exchange Commission, signaling its intention to sell debt securities and other instruments to the general public. But whether the lender/servicer actually uses the shelf is another matter entirely. “The mixed shelf is the company’s first amendment or filing of a new registration statement since May 2013,” noted analyst Kevin Barker of Compass Point Research & Trading. A mixed shelf means Nationstar could issue debt, preferred and common stock, as well as depository shares and warrants. Interestingly, the filing came...