Purchase-mortgage activity in the GSE market surged 21.5 percent higher in the third quarter – and Fannie recorded a whopping 35.9 percent jump in such business…

Nonbanks lack the deposit base banks have to support their investments in mortgage servicing rights, but nonbanks are seeing increased liquidity in terms of MSR financing. The government-sponsored enterprises and Ginnie Mae have also adjusted their acknowledgement agreements to make MSR financers more comfortable in the sector, with further changes likely. “In the nonbank mortgage sector, there is a big need for the financing of the MSR asset,” Vandy Fartaj, chief capital markets ...

Kroll Bond Rating Agency projects that about $11.0 billion of prime non-agency MBS will be issued this year…

FHFA Director Mel Watt: “In fact, it is especially irresponsible for the enterprises not to have such a limited buffer..."

The Fannie/Freddie MSR portfolio has no delinquencies whatsoever…

But that didn’t stop the conservative from the Lone Star state from offering up some critiques on the FHFA...

In the interim, mortgage servicers must continue to pass on the principal and interest payments to the end bondholders.

The MBS is backed by 3,548 mortgages that have seasoned for more than 11 years, on average.

SG has been an investor in nonprime/non-QM loans and has even issued unrated deals…

The election of President Trump and Republican control of Congress initially prompted optimism among MBS and ABS issuers for significant easing of regulatory standards. But with comprehensive legislation from Congress looking unlikely, the focus has shifted to federal agencies, according to speakers at the recent ABS East conference sponsored by Information Management Network. “Expectations have had to be reset post-election,” said Ryan Schoen, a senior financial services analyst at Washington Analysis, a research firm. He said he doesn’t expect much regulatory reform from Capitol Hill. While the House passed H.R. 10, the Financial CHOICE Act, this year, the Senate is taking a more measured approach. “The Senate doesn’t seem...