Moody’s proposed establishing ESG “issuer profile scores” and “credit impact scores” for structured finance transactions rated by the firm. DBRS, too, has released its approach to ESG risk factors in credit ratings.

When it comes to borrowing money in the secondary market these days, mortgage servicing rights are a great form of collateral. Reason? Rates are high and the asset will stick around for a long time.

Non-QM rates are now north of 7% in many cases, but the market is still dealing with upwards of $5 billion in lower-coupon product that needs to be moved.

The impact of the Federal Reserve’s balance sheet reduction is expected to be equivalent to a 50-basis-point increase in the federal funds rate.

Wider spreads on CAS and STACR deals suggest demand for the credit risk transfer securities is dwindling.

Ginnie Mae Digital Collateral Director Lynne Chandler spoke last week during a webinar co-sponsored by Falcon Capital Advisors.

A growing acceptance among collateralized loan obligations of B- loans is creating some risks for the market, according to S&P Global Ratings.

Non-agency MBS with mortgages originated by CDFIs faces scrutiny from rating services; The Change Company pushes back; MBS and ABS investor preferences on credit scoring models.

Issuance of expanded-credit MBS flowed in the first half of the year even as lenders grappled with higher interest rates. Issuance is expected to slow as lenders work to establish a new supply of loans with higher interest rates.

Is it time for REITs to start issuing new shares of common and preferred again? Maybe. At least one REIT is back in the market: Annaly.