Interest rates have been falling of late, which is bolstering MBS values. Still, trading volume continues to decline as the year winds down.

Final regulations implementing the Adjustable Interest Rate Act will go into effect next month, setting the stage for a smooth transition for the end of the London Inter-bank Offer Rate.

The Federal Open Market Committee left unchanged its plans to reduce the Federal Reserve’s holdings of agency MBS.

The tide may be turning for MBS-gobbling real estate investment trusts. If you’re an investor looking for a buy-low, sell-high trade, this may be it. That is, as long as rates don’t reverse course and head higher. Meanwhile, it’s almost a year since SoFi became an FDIC-insured bank.

Ginnie Mae has ranked as the top agency issuer of single-family MBS for three months running, echoing the market of the 1990s. Production levels continued to drop in November, and it’s hard to see when that will change. (Includes two data charts.)

The 2017 revisions to Basel III may impact the capital treatment of securitizations, but not before 2025.

Interest rates keep falling but has a trough been reached? And if so, have REITs been bottomfishing in conventional MBS? Also, what’s the outlook for 2023 in terms of capital raises?

The Securities and Exchange Commission has delayed implementation of a disclosure rule the industry feared would compromise the ability of many issuers to access the 144A market.

Freddie Mac issued 84 green single-family mortgage-backed securities in 2021 that save 192,168 million BTUs of energy per year.

KBRA said that third-quarter MBS issuance volume didn’t meet its expectations and will drop rapidly in the coming year. Meanwhile, both DBRS and Moody’s noted that performance is stabilizing.