Certain nonbanks in the MBS market can tap liquidity through new borrowings but terms can be pricey. Case in point is New Residential.

Ratings analysts at Morningstar allegedly engaged in sales and marketing activities in 2015 and 2016, a big no-no.

Bank of America issued a $1 billion social bond to combat the economic impact of the coronavirus, the first U.S. commercial bank to do so.

Less than a week after dismissing the Arrowood case, Judge Margaret Sweeney released a previously sealed different decision in a related case.

Industry experts have identified the TALF program as a vehicle the government could use to help fund nonbank mortgage servicers.

After non-agency MBS issuance all but froze in March, issuers are beginning to return to the market. Neuberger Berman issued a non-QM MBS this week and others are working on deals as well.

Uncertainty regarding the performance of mortgages underlying its CRT in-vestments prompted PMT to boost the discount rate on its loans from just 5% at the end of the fourth quarter to about 11% as of March 31.

The performance of ABS from marketplace lenders could take a harder hit from the pandemic than other types of MBS and ABS, said Fitch.

Zillow Group, Radian Group and First American Financial recently priced senior note offerings to bolster liquidity.