Some 68.0% of mortgages originated in 2025 were sold into MBS. Securitization rates were stable across most products, except for expanded-credit mortgages, where the securitization rate increased sharply. (Includes data table.)

SEC proposes to exempt MBS, ABS from Rule 15c2-11; Amherst offering single-family rental securitization; Morningstar offers “bring your own loan” rating analysis; subprime MBS from 1999 downgraded.

Investors are showing increased interest in securitizations of traditional home equity loans and home equity investments.

The SEC’s recent push to update disclosure requirements could prompt issuance of publicly-registered MBS.

Following recent fraud issues in the ABS space, investors are looking for ways to improve fraud mitigation.

Despite some concerns tied to fraud and performance, investors are optimistic that issuance volume will increase this year.

Non-qualified mortgage loans and home equity products are gaining interest from investors, driving securitization up.

Saluda Grade has appointed a new co-chief investment officer to navigate its expansion into new investments in non-residential assets.

The overall levels of delinquencies, though, vary on a nominal and age-equivalent basis.

Investors are showing strong demand for non-agency MBS, leaving leaders of issuers optimistic.