The issue of fast prepays on VA IRRRLs refuses to die. Recently, VA mailed a warning letter to as many as 500 lenders. Inside MBS & ABS obtained a copy of the correspondence.

MBS and MSR investor New Residential signaled that it might engage in a large stock buyback program, but so far there’s been no activity. It’s possible political considerations might be a factor.

The ongoing wildfires in California could have a disproportionate impact on residential MBS, according to Moody’s.

Redwood Trust’s investments have generated returns of around 12% so far this year. The REIT is increasing acquisitions of re-performing loan securities issued by Freddie Mac.

The White House plans to nominate someone to lead Ginnie Mae but given the current political turmoil in Washington, is this a pipe dream? Investors don’t seem worried about the agency, at least not yet.

The debate that won't go away: Nonbank risk to the financial system. Time to worry? The CSBS weighs in.

Issuers and investors in the securities market are divided on what exactly should be done with the qualified mortgage “patch.”

Nearly all of the banking industry’s growth in residential MBS holdings was in Fannie, Freddie and Ginnie pass-through securities.

MBS investors hedge against spiking prepayment speeds by identifying pools of mortgages less likely to refinance.

A group of 15 top mortgage REITs increased its agency MBS portfolio by $20.9 billion during the second quarter of 2019, although non-agency MBS investment slipped modestly.