The end of the QM patch — thanks to a maneuver by the FHFA and Treasury — could help the non-agency market compete with the GSEs.

Fannie Mae is providing a monthly certification that its credit-risk sharing offerings comply with EU securitization requirements.

Commercial banks upped their MBS holdings by 6.4% in the first quarter, staying ahead of a still-hungry Federal Reserve that boosted its portfolio by 7.1%. (Includes two data charts.)

Also, first-quarter results from Invitation Homes and Americans Homes 4 Rent — the two corporate SFR giants — show an increase in business.

Nearly two-thirds of the CLO and CDO issuance in the first quarter of 2021 came from restructuring and refinancing of earlier transactions. For new production, broadly syndicated loans were the biggest source of collateral. (Includes two data charts.)

Notes backed by MSRs could become plentiful if a strategy employed by PennyMac Financial and its sister company catches fire.

Ocwen Financial is ramping up its servicing/MBS issuance game in a new deal with Texas Capital Bank.

Industry insiders talk data, scale, and products in the mortgage green bond market.

The new enhancements will include both loan- and security-level data. Target date: early June.

Fannie Mae and Freddie Mac are taking different approaches to unloading the reperforming loans in their portfolios.