The securitization of income-property mortgages nosedived in the first quarter of 2017, with most of the downturn in the volatile non-agency sector, according to an Inside MBS & ABS analysis. A total of $48.29 billion of MBS backed by commercial properties was issued in the first quarter, down 27.7 percent from the previous period. Although production was down 6.1 percent from the same period in 2016, it was close to the average quarterly volume of $49.35 billion that the market has produced since the beginning of 2014. The average for the 2011-2013 period was just $32.00 billion. Average volume is...[Includes one data table]

The Lone Star MBS received AAA ratings with credit enhancement of 34.10 percent on the senior tranche.

A former Congressman, Watt knows full well that by allowing Fannie and Freddie to build capital once again it will set off a political firestorm...

The key factor for the greater MI penetration was the relatively stronger performance of purchase-mortgage lending compared to refinance activity…

Overall, Arch MI wrote coverage on $12.66 billion of home mortgages in the first quarter, of which 81.9 percent were monthly premium policies…

The second major complaint of the ABA is the rule’s potential negative effect on commercial real estate lending.

The MSR market is in a good place now, said MountainView’s David Bennett.

During the hearing Thursday, Sen. Bob Corker, R-TN, called “the whole issue of them running out of resources” baseless.

Watt’s comments on building capital did not move the share price of Fannie/Freddie common very much...

Some of the slowdown in non-agency CMBS is likely due to lingering uncertainty about risk-retention requirements, which took effect at the end of 2016.