Overnight repo rates are exceptionally low and even dipped below zero, helping to reduce funding costs for investments in agency MBS.

If you want to be a player in Ginnie Mae early buyouts, you’ll need cash, lots of it. But is the window starting to close?

GOP staffers on the Senate Banking Committee said remarks Tuesday by Sen. Pat Toomey, R-PA, were a sign he was willing to compromise on an explicit government guarantee of agency MBS.

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.