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.
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.]
A few months back, the Federal Housing Finance Agency ordered Fannie Me and Freddie to end their involvement in SFR financial arrangements. However, any deals in progress were allowed to close...