Downgrades of GSE CRT transactions, Freddie Mac K-deals and student loan ABS followed a downgrade of the credit rating for the U.S. to AA+.

DBRS said it’s in talks with the SEC to resolve a potential enforcement action related to its compliance with recordkeeping requirements.

CMBS delinquencies are on the rise but some industry participants believe fears of mass foreclosures in the sector are overblown.

Can a financial innovation in the Chinese capital market serve as a hedge for MBS?

SEC exempts MBS and ABS issuers from cybersecurity disclosure requirements; plethora of novel ABS issuance; student loan ABS defaults hit record high.

If the proposal is implemented, some mortgage originations that have gone into bank portfolios would likely go into MBS instead. The impact on bank investment in MBS and ABS looks to be much more modest.

Margin requirements for the to-be-announced market received another approval from the SEC this week. However, a legal challenge could further delay implementation.

New business and MBS issuance jumped in the second quarter. However, those upticks didn’t account for the spike in profitability at Fannie Mae and Freddie Mac. (Includes data chart.)

Real estate investment trusts are optimistic about the agency MBS market even with anticipated short-term volatility amid turmoil in the banking industry.

In a reversal of strategy, regional banks plan to place as much as 70% of their mortgage originations in the secondary market.