Fed researchers quantify the effect of BTFP’s use of par valuations for collateral during the 2023 banking crisis.

The new ratings methodology would bring ratings for private student loan ABS in line with ratings for other consumer-backed ABS.

Cherry Hill plans to drop its external manager, consider additional strategic options; FHFA publishes historical VantageScore data; Computershare, NewRez receive master servicer ratings; commercial MBS from Morgan Stanley downgraded.

S&P lost a little market share in rating newly issued ABS but remained the top provider in the first quarter. Fitch had a similar experience in the non-agency MBS market. (Includes two data tables.)

When interest rates decline, the prepayment environment for agency MBS is likely to be much different compared with previous refinance booms, according to industry participants.

If Freddie Mac is allowed to purchase second mortgages, critics argue there should be clearly articulated capital requirements, loan-to-value ratio limits and debt-to-income ratio restrictions.

JPMorgan Chase held the largest CLO portfolio in the banking industry at the end of March, but its investment was down from the previous period. (Includes data table.)

A coalition of mortgage industry trade groups called on Congress to fully fund Ginnie Mae for fiscal year 2025.

Loans to foreign nationals are increasing in the non-agency MBS market, but inherent risks in the asset present ratings challenges.

Ginnie Mae is hoping to have the case moved from a district court in Amarillo, TX, to the Dallas division.