Securitization issuers should carefully monitor and mitigate potential cyberattacks as a way to help preserve the credit quality of a structured finance transaction, S&P said in a recent report.
The Fed could end its stimulus-related purchases of agency MBS by the middle of 2022; S&P official provides an example of just how conservative rating services can be when assessing non-agency MBS and ABS.
Some of the Trump-era restrictions placed on the GSEs have been put on hold for at least a year. That includes a cap on acquisitions of mortgages for investment properties.
The blueprint would reverse capital requirements set in December, which offered few incentives for the GSEs to complete credit-risk transfer transactions.
Freddie topped Fannie in single-family MBS issuance for the first time since late 2005 as a heavy flow of refinance business boosted the agency market in August. (Includes two data charts.)
Fannie and Freddie, the linchpin of the nation’s MBS market, may never get out of conservatorship. Right? Actually, they might. A pending risk-based capital rule could play a role in the drama.