Short Takes: VantageScore Finds New Mortgage Borrowers / Increase in Home Sales Could Be a Blip / Applicants Seeking Lower Loan Amounts / Expanded-Credit MBS From Annaly October 26, 2023 Brandon Ivey VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.Read More
ABS Issuance Continues Growth Track in 3Q23 October 25, 2023 John Bancroft Vehicle and consumer loan sectors help drive ABS issuance in third quarter of 2023.Read More
High Interest Rates Limiting Demand for MBS October 25, 2023 Brandon Ivey Banks don't have much appetite for agency MBS and whole loan bids can be stronger than execution via non-agency MBS.Read More
Expanded-Credit MBS Issuance Grows in 3Q October 24, 2023 James Dohnert Expanded-credit MBS picks up in the third quarter thanks to originations by Acra Lending and CrossCountry Mortgage.Read More
ABS Market Buzzing Amid Fears of a Recession October 24, 2023 Brandon Ivey More than 5,500 people attended the ABS East conference this year, a record for the event.Read More
Primary MI Activity Down at GSEs, Up at FHA in 3Q October 20, 2023 John Bancroft GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.Read More
Lender Trade Groups Seek Changes at Fed October 20, 2023 Dennis Hollier The Fed should change its ways to help reduce interest rates on mortgages, according to industry trade groups.Read More
Morgan Stanley Enters Non-QM Market as MBS Issuer October 19, 2023 Brandon Ivey Morgan Stanley has issued a number of prime non-agency MBS in recent years.Read More
Short Takes: CRA Rule Coming Tuesday / Applications Down / Trends in Non-QM Delinquencies / Closed-End Second Securitization October 18, 2023 Brandon Ivey Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.Read More
Short Takes: FHFA Plans Property Insurance Symposium / Forbearance Activity Dwindles / Record Futures Trading / More Jumbo MBS October 17, 2023 Brandon Ivey FHFA's symposium will focus on solutions for rising property insurance premiums.Read More