Trading desks had a busy month in February as rising rates caused participants to act. Where do we go from here? Good question.

FoAM sees a growing potential in HECM securitizations and is expanding its menu in the space. Meanwhile, its SPAC/IPO has been green-lighted for early April.

Many lenders were under the impression the new restrictions on Fannie’s and Freddie’s acquisition of mortgages for second homes and investment properties would go into effect next year. Apparently not.

CRT investors now have a new investment opportunity: securities backed by warehouse lines of credit. The beginning of something big?

The Ginnie Mae early buyout game is catching on fast, with new players entering the fray. loanDepot recently increased a repo line, bolstering its ammunition.

Under the new proposal, agency MBS received through reverse purchase agreements would not be considered high-quality liquid assets, a departure from coverage ratio standards used by bank regulators.

The Federal Reserve wants to continue buying agency MBS at its current pace, which should keep rates and spreads down for the foreseeable future.

The CFPB proposed extending the GSE “patch” through September 2022 while new leadership at the regulator considers revisions to the general QM standards.

The government-sponsored enterprise plans to issue $3 billion to $5 billion in MBS based on pools of reperforming loans with principal forbearance this year.

There was a time when REITs had no problem pitching secondary offerings of stock but the pandemic ended all that. Enter Dynex Capital...