Have Federal Reserve policies, and the flood of refis that they’ve created, permanently altered MBS markets?

Angel Oak, a big player in the non-QM market, sees better days ahead, with securitzations leading the way. Fundings at the firm are nearing pre-pandemic levels.

What might the new Biden administration do with Fannie and Freddie? Good things ahead for Ginnie? Let the speculation begin.

Issuers of expanded-credit MBS haven’t been able to stock deals with new production while one of the largest post-2010 prime non-agency MBS hit the market this week.

Issuance of container ABS surged in the third quarter of 2020 only to deflate in the fourth quarter. KBRA has a positive outlook for the sector despite the ongoing coronavirus.

The latest transaction is an actual loss deal issued through a trust; previous Multifamily Structured Credit Risk deals were structured as fixed-severity deals issued as corporate debt.

The acquisition will allow vendor dv01 to develop an MBS data infrastructure that speeds up traditionally slow and opaque reporting. At least, that’s what dv01 is hoping for.

The agency guaranteed $749 billion in MBS in fiscal 2020, a sharp increase from $453 billion in 2019. Credit: the refi boom.

For years, industry analysts raised concerns about the quality of CLOs, warning of poor performance. While issues from the coronavirus prompted some problems, AAA-rated tranches of CLOs have held strong.

In 2020, mortgage records were broken all over the industry. MBS trading, meanwhile, had its best year since 2010.