Experts compare today’s bond market to the bearish days of 1994, predicting a recession in the fall. But better times are coming. Maybe.

The Structured Finance Association is evaluating the most popular corporate ESG frameworks to see how they could be applied in the securitization industry.

Fannie and Freddie continue to take different routes to reducing their retained mortgages portfolios.

The Fed revealed this week that any sales from its agency MBS portfolio will be telegraphed well in advance. Still, rates continue to rise.

Only 4% of MBS and ABS assessed by Fitch received a positive rating impact from ESG factors. Meanwhile, S&P is set to expand its assessments in the ESG space.

The reputation of being a safe, liquid asset adds about 47 basis points to the “convenience premium” of agency MBS over investment grade bonds, according to the National Bureau of Economic Research.

Issuance of agency real estate mortgage investment conduits/collateralized mortgage obligations was essentially flat in 2021, with Ginnie sharply increasing its volume while GSE issuance declined. (Includes data chart.)

A new SEC proposal wouldn’t set climate-related disclosures for MBS and ABS, though such standards are still under consideration.

The Structured Finance Association is assessing investors’ and brokers’ preferences for replacing LIBOR in structured finance bonds.

The market for Ginnie Mae MBS should begin to normalize soon, according to T. Rowe Price executive Keir Joyce.