Annaly Capital Management’s net income declined by nearly 20% from the third to the fourth quarter and AGNC Investment took a loss as agency MBS values fluctuated due to actions by the Federal Reserve.

An advisory group of traders and dealers counsels Treasury on what the runoff means for its auction schedule.

Analysts puzzle over the pace and timing of quantitative tightening, which is expected to widen MBS spreads and raise interest rates.

Fannie removed some loans from its MBS early; Guaranteed Rate restructured a jumbo MBS before issuance; the GSEs are prepping separate risk- sharing transactions.

New York-based fintech dv01 used highly focused geographic data to identify MBS investment opportunities.

Margin requirements for trading GSE MBS are on the way; the Fed will end its stimulus-related purchases of agency MBS in March; JPM readies its largest jumbo MBS since 2016.

Some of Cenlar’s subservicing clients are eyeing a switch. But when it comes to securities holders whose assets are being serviced by the vendor, so far, there isn’t much to worry about.

Commercial banks, thrifts and credit unions all beefed up their MBS holdings during the third quarter of 2021 despite the Federal Reserve's ongoing buying spree. (Includes two data charts.)

Some investors in MBS and ABS are ready to discard data collected in the past two years due to distortions from actions by the federal government. One problem: projecting asset performance moving forward.

REITs are generally optimistic about the Federal Reserve's plan to slow its MBS purchases, a number of companies continue to pursue other strategies. (Includes data chart.)