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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Ginnie Working to Accept Smaller Lenders

August 16, 2023
Monica Hogan
Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.
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Ginnie Issuance Slows in July on FHA Activity

August 15, 2023
Monica Hogan
FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.
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UBS Settles with DOJ on Pre-2008 Claims

August 15, 2023
Brandon Ivey
The DOJ alleged that UBS misled investors in 40 non-agency MBS, violating the Financial Institutions Reform, Recovery and Enforcement Act.
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Short Takes: New-Home Loan Applications Level Off / New REIT for Roc / Another Pivot for Altisource Asset Management?

August 15, 2023
Brandon Ivey
Altisource Asset Management shifted in recent years from asset management to aggregating non-agency mortgages. Another shift could be in the works...
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A Commanding NA MBS Market Share for UWM

August 14, 2023
James Dohnert
Among the top 10 contributors to such securities, just one was a federally insured depository: PrimeLending.
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After a Multi-Year Low, Ginnie Loan Removals Spike in 2Q23

August 14, 2023
Brandon Ivey
In case you didn't know, thanks to higher interest rates, the Ginnie "early buyout" game is over...
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Retail Channel Gains Share in Agency Market

August 10, 2023
Andras Malatinszky
The retail channel gained market share from brokers and correspondents in the second quarter.
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Deliveries to GSEs Slow in July

August 9, 2023
Dennis Hollier
Volume was off 10.4% in July compared with June.
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Ginnie Exploring Credit Facilities for Nonbanks

August 8, 2023
Monica Hogan
Ginnie Mae President Alanna McCargo said nonbank liquidity is the biggest challenge facing the government mortgage system.
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Angel Oak's REIT Takes Loss in Second Quarter

August 8, 2023
James Dohnert
Angel Oak's REIT posted a $3.6 million loss after reporting a small profit to start the year.
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