For most of 2021 and the year prior, whole-loan prices in the scratch-and-dent market were at a premium. And today? Far from it, says RAMS Mortgage Capital.

Hedging experts recommend to-be-announced strategies for the post-QE world.

The government agency is preparing for its first planned business outage as it moves its entire platform to the cloud.

DBRS released proposed updates to its North American CMBS Insight Model and multi-borrower rating methodology, and Moody’s proposed revisions to its SFR securitization loan-level legal analysis framework and added transparency on analysis of transaction-level legal risks.

Ginnie Mae could take additional actions on new eligibility requirements if problems emerge in the MSR market.

Issuance of GSE Supers appeared to take a hit in July when Fannie and Freddie implemented new fees on commingled collateral, but production rebounded in August. (Includes two data charts.)

Pacific Western Bank started acquiring residential mortgages in March 2021. PacWest is now done acquiring loans and looking to share credit risk on a pool with an unpaid principal balance of $2.68 billion.

It seems as though whole-loan prices for non-QMs have stabilized. Then again, the Fed just hiked interest rates.

Balance sheet reduction continues to focus on the Fed's Treasury holdings, with falling prepayments limiting the runoff of agency MBS.

Delinquencies on expanded-credit MBS are increasing but investors in the deals appear to be protected at the moment. A review of the sector by Fitch prompted many upgrades and no downgrades.