The performance of MBS and ABS looks likely to suffer, with delinquencies projected to increase and rating downgrades a possibility.

Issuance of non-agency MBS and ABS is still being completed, but at a slower pace. Spreads have widened for new deals along with trading in the secondary market.

The case is one of the rare instances in which an individual has been held accountable for actions taken during the subprime mortgage crisis.

FirstKey Mortgage is prepping a rare residential MBS backed entirely by manufactured-home loans.

The overall mortgage securitization rate fell slightly in 2018, with 70.0% of home loans originated in the primary market ending up in MBS pools, according to an Inside MBS & ABS analysis. [Includes one data chart.]