It wasn’t a pretty month for MBS trades. And with interest rates rising, the age-old question looms: Where do we go from here?

Six issuers offered expanded-credit MBS in recent days, ending a nearly 30-day pause in issuance. Loans in the deals have seasoned for longer than the turn times seen for prime non-agency MBS.

Fannie and Freddie issued essentially zero long-term debt in 2021, dramatically lowering their total outstanding debt.

The new Choice Lease program targets low- to medium-income individuals and is offering below market rents.

Market growth in 2022, though more restrained than in 2021, should give Fannie and Freddie plenty of runway to hit their multifamily caps for the year.

SFVegas pushed back to July; commercial MBS delinquencies rise for first time in more than a year; Fannie obtains ratings for older CRTs; Verizon to issue more ABS tied to cellphone payment plans.

Sandra Thompson, Biden’s nominee for FHFA director, gives a deft performance at her Senate confirmation hearing.

Buy low, sell high. That piece of advice applies to stocks as well as bonds. But is now the time to purchase agency securities?

The Congressional Budget Office looked at how an increase in nonbank issuers and a higher volume of VA loans might put Ginnie Mae’s MBS program at risk.

New Residential Investment started acquiring single-family rental properties in 2019, and now has enough holdings to complete its first securitization in the sector.