The Federal Reserve says that lessons learned from the last round of quantitative tightening will allow the process to be faster this time.

AG Mortgage Investment Trust lodged a competing bid for Western Asset Mortgage Capital; Fannie, Freddie, Ginnie added to MBS disclosures; RMF sold some reverse mortgage MSRs.

New rules on NPL/RPL sales appear to address Congressional criticism of these programs, but FHFA data may belie those complaints.

A suggestion for limiting interest rate risk at banks; tighter spreads for Fannie’s new CRT; Victory Park Capital launches structured finance unit; and more.

Ginnie Mae MBS issuance finally caught up to sharp declines in primary-market originations, while ECM securitization was buoyed by more-seasoned loans.

The Bank Term Funding Program has issued more than $100 billion in outstanding funding tied to agency MBS and Treasury securities held by banks.

The rounding of home prices in HMDA data complicates the calculation of whether loans below the conforming loan limits are more likely to be securitized into agency MBS in areas affected by climate change.

Reverse mortgage originations are not immune to the impacts of elevated interest rates, a DBRS Morningstar analyst notes.

Money-market funds were the most aggressive buyers of MBS during the first quarter, and analysts think demand from the sector will last. (Includes three data charts.)

MBS values have been depressed for some time, resulting in paper losses for the unhedged. Might better days be ahead?