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Non-Agency MBS Issuance Picks Up, Led by Expanded Credit

December 13, 2024
Brandon Ivey
Four non-agency mortgage-backed securities started marketing Thursday, including three expanded-credit MBS.
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Short Takes: French Hill to Lead HFSC / FHA Offers Hurricane Relief to Lenders / Affordability Issues Persist / Negative Outlook for Statebridge / PHH Turns to Blend

December 13, 2024
Brandon Ivey
Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.
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Banks Add to First-Lien Holdings in Third Quarter

December 12, 2024
James Dohnert
Holdings increased by 1.5% on an annual basis as of the end of September.
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Homebuyer Demand Improves Following Election

December 12, 2024
Brandon Ivey
Potential homebuyers are done hibernating, according to Redfin.
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EBO Investor Wins Large Judgment Against Mr. Cooper

December 12, 2024
Brandon Ivey
An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.
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MFA, Balbec Boost Expanded-Credit MBS Issuance

December 12, 2024
Brandon Ivey
The pending MBS are the largest seen from the issuers this year.
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Short Takes: Waters to Remain Ranking Member of HFSC / Chopra Defends CFPB Actions / MCT to Pilot Use of FICO 10 T / HEL Tool From ICE

December 12, 2024
Brandon Ivey
The California Democrat vows to fight to maintain consumer protections.
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Home Equity Loan Securitization Cools Off in Third Quarter

December 11, 2024
Brandon Ivey
Issuance increased by 10.9% on a quarterly basis, well below the increases seen in recent quarters.
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Trump’s Plans for Tariffs Introduce Uncertainty for Housing

December 11, 2024
Brandon Ivey
“A trade war would increase costs, including housing construction costs, and potentially affect employment, pressuring demand and mortgage performance,” according to Fitch Ratings.
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Applications for Refis Jump in Early December

December 11, 2024
Brandon Ivey
The average interest rate on a 30-year fixed-rate mortgage declined from 6.81% on Nov. 27 to 6.69% on Dec. 5.
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Latest Imf News

  • Jumbo Mortgages Gaining Share in Originations

  • Annaly Brings Exceptionally Large Expanded-Credit MBS

  • Non-Agency MBS Investors Showing Insatiable Demand

  • Lennar Reducing Incentives for Home Purchases

More Imf News

Featured Data

  • Agency MBS Issuance Down in May as Refinance Falters

  • Correspondent Share Slips in First Quarter of 2026

  • FHA Refis Sole Bright Spot in First-Quarter Originations

  • Banks’ Mortgage Holdings Inch Down in First Quarter

More Featured Data

Featured Reports

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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