Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.

Pooja Pathak, a director at Metlife, an insurance company, said more non-QM assets are needed to meet demand from insurance companies, which are willing to pay a premium for the product.

VA processed 2,244 loan assumptions in 2023, compared with 308 in the previous year.

Annaly is a prolific issuer in the sector, but the only other time the real estate investment trust’s expanded-credit deals topped $500 million in volume was during the refinance boom during the pandemic.

Servicers retained only about 20% of borrowers that refinanced their mortgages during the fourth quarter of 2023.

“Synchronizing bi-merge credit reporting with the implementation of the new credit score model requirements will reduce complexity for market participants,” said FHFA Director Sandra Thompson.

“We’re in a euphoric market for spread products,” said Neil Aggarwal, head of securitized products at Reams Asset Management.

NYCB’s fourth-quarter results went from a $252 million net loss as reported Jan. 31 to a $2.71 billion loss.