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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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SFA Making Progress on Non-Agency MBS Disclosure Revisions

September 12, 2023
Brandon Ivey
SFA is close to offering a first iteration of the revisions, which will focus on prime jumbo MBS.
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Short Takes: Chopra Concerned About CFPB’s Future / MSRs for Sale / AI Summit / PacWest’s CRT Upgraded

September 12, 2023
Brandon Ivey and Paul Muolo
Uncertainty for the CFPB and the mortgage industry ahead of a Supreme Court case...
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Agency MBS Issuance Begins to Fizzle

September 11, 2023
John Bancroft
Fannie had the lowest output of the three agencies in August...
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Rocket Readies Another Closed-End Second-Lien MBS

September 11, 2023
James Dohnert
The MBS is top-heavy in loans from California, Florida, Georgia and North Carolina...
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Lenders Advised to Take Steps to Avoid Buyback Requests

September 8, 2023
Sam Manas
“You’re going to tell them to pound sand? Well, they’re going to say, ‘Okay, well we’re going to suspend the agreement, we’re not going to take any more loans from you,’” said James Brody, a senior litigation partner at the law firm of Garris Horn.
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Short Takes: Home Prices Expected to Level Off / FHA Ends Loan Rejection Reporting / HELOC MBS Holding Up

September 8, 2023
Brandon Ivey
Downward pressure on home prices from rates and upward pressure from demand and limited inventory will likely balance each other out.
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Altisource Asset Management CEO Resigns

August 31, 2023
James Dohnert
AAM's CEO has resigned in the midst an assessment of the company's lending operations.
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Federally Insured Depositories Continue to Cut Bait on MBS

August 28, 2023
John Bancroft
Bank MBS holdings have now declined for six straight quarters after peaking at the end of 2021.
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Nomura Settles Legacy Residential MBS Issue for $35 Million

August 25, 2023
Dennis Hollier
The settlement commits Nomura to full cooperation with federal investigators in “prosecutions arising out of or related to” the case.
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FHLBank Profits Up in 2Q; Advance Usage Declines

August 24, 2023
Dennis Hollier
Income generated by the 11 FHLBanks increased by more than 20% on a quarterly basis in the second quarter while FHLBank advances outstanding declined.
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