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Home » Topics » News » Inside MBS & ABS

Inside MBS & ABS
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Wells Fargo is Back! Megabank Launches First Post-Crisis Non-Agency MBS

October 10, 2018
Brandon Ivey
New nonagency deals are pending from loanDepot and New Residential as well…
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Short Takes: Michael Bright, the Next FHFA Director? / Waiting on Senate Confirmation (Still) / A Former GSE Exec and The Play Set Scandal / Sears and Fairholme / HSBC Settles with DOJ / A New Hire at CMG Financial

October 10, 2018
Brandon Ivey and Paul Muolo
HSBC will pay $765 million to settle charges brought by the Department of Justice...
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DBRS: Losses on Non-QM MBS are Rare, Investors Feel Protected

October 9, 2018
Brandon Ivey
Despite the good news, DBRS said if the economic environment becomes more distressed, some non-QM borrowers may come under pressure…
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Short Takes: Castle & Cooke? / The Fannie Mae Connection / Frater, a Good Choice to Head Fannie / LendingHome Surpasses the $3B Mark in FnF Production / NDA Hires Clayton Executive

October 9, 2018
Paul Muolo
Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...
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Senate Banking Committee Hearing Likely to Touch on Freddie Mac MSR-Financing Pilot

October 8, 2018
Paul Muolo
In his report, KBW analyst Bose George said, “While Mel Watt, director of the FHFA, was questioned about some of these issues in past congressional hearings, this will be the first hearing to focus exclusively on this topic.”
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Ginnie MBS Production Down 11 Percent Through Sept. 30

October 8, 2018
John Bancroft
Issuers pooled $19.63 billion of FHA and VA refi loans during the third quarter, down 11.6 percent from the previous period…
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Fannie Names Former Berkshire Hathaway Executive Hugh Frater Interim CEO

October 8, 2018
Paul Muolo
Frater was also executive vice president at PNC Financial Services...
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Securitization Market Limped Through Third Quarter With Help from Agency MBS Issuance

October 5, 2018
New MBS and ABS issuance was up slightly from the second to the third quarter of 2018 only because housing markets produced a modest gain in agency single-family business, according to a new analysis and ranking by Inside MBS & ABS. [Includes three data charts.]
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MBS/ABS Issuers Advised to Prepare for the End of LIBOR or Face ‘Unhappy Ending’

October 5, 2018
Some participants in the MBS and ABS markets aren’t doing enough to prepare for the potential discontinuation of the London Interbank Offered Rate, according to industry analysts.
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MBS/ABS Participants Getting Used to a ‘Constructive’ Relationship with Regulators in Trump Administration

October 5, 2018
Federal regulators have changed their tone under President Trump, according to participants in the MBS and ABS markets.
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