Fannie Mae, Freddie Mac and Ginnie Mae all securitized a higher proportion of loans in their respective markets during the second quarter, but non-agency securitization rates benefited more from a surge in new lending. (Includes data chart.)

Investors in Freddie’s new When-Issued K-Deal have the right to exchange them for K-deal A-M certificates to be issued in the future.

Experts say a modest taper in Fed MBS purchases is unlikely to have a serious impact on bond prices or the housing market.

MBS trading has been relatively quiet the past two months and much lower than early in the year. Then again, traders have other things on their minds, namely what might be said Friday regarding central bank tapering.

Unpacking the transition from cash seller to guarantor. MCT experts and Freddie officials explore differences in pricing, servicing, and operations.

Commentators seem to agree that stronger capital positions are good for the Ginnie Mae business in general, but getting there is the hard part.

Loans in Freddie multifamily securities rarely default; but when they do, the distribution of those defaults can be quite interesting.

Late last month, inter-dealer brokers began using SOFR for dollar swaps, allowing ARRC to finally recommend use of Term SOFR. 

Analysts say dollar rolls and spec pools still provide an opportunity for investors in the agency MBS market.

Fed by strong jumbo production, non-agency MBS issuance surged to $43 billion in the second quarter, the highest level since the end of 2007. (Includes three data charts.)