Fed’s Actions Reducing the Value of its MBS Holdings August 1, 2022 Dennis Hollier Just like private market participants, the Fed is experiencing unrealized losses on its massive holdings of agency MBS and Treasury securities.Read More
Redwood Swings to Loss in 2Q, Jumbo Acquisitions Drop July 29, 2022 Brandon Ivey Redwood took losses on both its long-term investments and jumbo aggregation activity in the second quarter.Read More
Annaly’s Income Drops in Second Quarter July 28, 2022 Brandon Ivey Annaly's net income declined by almost 60% on a sequential basis in the second quarter.Read More
GSEs Slow CRT Issuance Amid Market Headwinds July 27, 2022 Brandon Ivey Spreads are widening on CRT products, indicating a lack of investor interest. Simultaneously, the GSEs are reducing their deal sizes and issuance is expected to decline.Read More
AGNC Takes $679 Million Loss in 2Q, Sees Brighter Future July 26, 2022 Brandon Ivey The REIT's ongoing losses were driven by volatility in interest rates amid actions by the Federal Reserve, which lead to lower values for agency MBS.Read More
FHFA Working on Fix for Commingled Securities Fee July 26, 2022 Dennis Hollier Thompson tells industry group the fix might require another change to the capital rule.Read More
Radian Launches Non-Agency Conduit July 25, 2022 Paul Muolo Radian joins Arch MI as mortgage insurance companies that now have non-agency conduit operations.Read More
MBS Participants Seek ESG Standardization July 25, 2022 Sam Manas ESG characteristics remain a hot topic in the MBS market but there's no standardization in data or practices.Read More
Short Takes: Delinquencies Rise; FTHBs Look to ARMs; Loss for Agency MBS REIT July 25, 2022 Brandon Ivey After three months of declines, mortgages delinquencies increased in June.Read More
Surprise: Lone Star Stocks MBS with Loans Funded by Now-Defunct Sprout July 22, 2022 Brandon Ivey Lone Star made some adjustments to its typical MBS issuance practices to help protect investors from any fallout tied to Sprout.Read More