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.

S&P Global Ratings has updated its ratings methodology for data center ABS to better account for property values and insurance risks.

The decline was driven by conventional-conforming mortgages and government-insured mortgages. The securitization rate for non-agency mortgages actually jumped in the first quarter. (Includes data table.)

Analysts are not “raising alarm bells” yet despite increasing delinquency rates in the non-QM mortgage-backed securities sector.

Officials at Ginnie Mae noted that prepayment rates on Ginnie MBS increased at a faster rate than prepayment rates for GSE MBS due to a quirk in interest rates on VA refinances.

The battle between lenders and the GSEs over loan buybacks continues. But why force a repurchase if the loan is performing?

Ally Bank, Huntington National Bank and Santander Bank are in the market with credit-linked notes tied to auto loans.

Saluda Grade has acquired a minority stake in commercial real estate investment firm Hillcrest Finance.