Demand for MBS/ABS remains high, helped by interest rate trends. But President Trump is a wildcard, prompting some caution among investors.

Trump’s nominee to head FHFA didn’t do anything to embarrass himself at his confirmation hearing this week, but he also didn’t demonstrate a deep understanding of housing finance.

The Fed shifted its efforts to aggregate scattered MBS into second-level securitizations to its Freddie Mac portfolio. Ginnie's Platinum program didn't get a lot of use last year, but the agency led the way in REMIC issuance. (Includes two data tables.)

Ginnie Mae has no president and over the past weekend it lost 27% of its workforce. And delinquencies on underlying loans are rising. Time to worry?

But Fannie Mae and Freddie Mac pursued different strategies in their retained mortgage portfolios. (Includes data table.)

Treasury Secretary Bessent’s cautious remarks about the prospect for GSE reform heighten industry skepticism about the release of Fannie Mae and Freddie Mac from conservatorship.

Rithm issued seven MBS deals last year and expects to continue growing its securitization business in 2025.

Although interest rates were higher on loans backing agency MBS in January, there was a small, if uneven, increase in issuance from the previous month. (Includes two data tables.)

The leaders of the big REITs that invest in agency MBS want a federal backstop for GSE MBS to continue.

The structured products group at Atlas stepped up to finance servicing rights owned by loanDepot. The line replaces one the nonbank had with Flagstar.