According to some critics, the Federal Reserve’s mark-to-market losses on its securities holdings is approaching $1.0 trillion. One option would be to sell off agency MBS, even at a loss.

The trustee of a commercial MBS has alleged that a master servicer and subservicer failed to monitor rental payments in a lockbox account.

Adams Outdoor Advertising has issued similar securitizations, most recently in 2021 and 2018.

Investment management company Principal Asset Management suggests short duration, high-quality consumer ABS could be in high-demand if a recession hits later this year.

New capital standards proposed for larger banks; CrossCountry Mortgage, Hildene Capital Management join hands on non-agency MBS; LIBOR update; Angelo Gordon boost emphasis on MBS and ABS.

After a brief rebound in the first quarter, issuance of non-agency MBS declined in the most recent three-month period despite a tiny increase in prime deals.

Industry participants continue to try to influence the Securities and Exchange Commission on a proposed rule addressing conflicts of interest in the securitization market.

Despite early fears that the MBS portfolios of the now-defunct Silicon Valley Bank and Signature Bank would be a hard sell, the market has responded favorably to sales of the securities.

Securities and insurance trade groups are concerned about a proposed update to standards from the National Association of Insurance Commissioners, which has oversight of MBS and ABS investments.

MBS trading increased in June. That’s the good news. But for trading to really take off, the Fed needs to cut rates, an unlikely prospect until next year.