AG Mortgage Investment Trust has joined the competition for Western Asset Mortgage Capital.

Lenders delivered $174.26 billion in loans into Fannie Mae and Freddie Mae mortgage-backed securities in the second quarter, a robust 37.9% sequential increase.

The changes could address some of the issues that prompted bank failures earlier this year.

An affiliate of Lone Star Funds is set to issue an expanded-credit MBS.

Fannie and Freddie issuance of single-family MBS surged 38.4% from the first quarter of 2023 to $172.31 billion...

Non-agency MBS participants have been working with an outdated data set.

Interest rates on mortgages reached their highest level of the year (thus far).

“What you don’t want to have to do is sell those assets when rates are so much higher because you’re going to take a loss,” Teresa Bazemore, CEO of the Federal Home Loan Bank of San Francisco, said of bank holdings on MBS.

The Fed’s Bank Term Funding Program allows banks to receive loans on favorable terms for the face value of agency MBS and Treasury securities.

Some 66.5% of GSE repurchases in the first quarter involved loans securitized in 2022.