New Production in Third Quarter Fuels Gain in Non-Agency Residential MBS October 15, 2021 John Bancroft Prime non-agency MBS issuance jumped 51.9% from the second quarter to $26.58 billion in the third. Some $14.91 billion came from deals backed by traditional jumbo loans that exceed agency loan limits...Read More
A First Post 2010: Non-Agency MBS Backed by Ginnie Buyouts October 14, 2021 Brandon Ivey Waterfall Asset Management acquired the FHA mortgages from various third-party sellers in 2019 and 2020...Read More
loanDepot Delivers GSE-Eligible Mortgages to MFA for Non-Agency MBS October 12, 2021 Brandon Ivey MFA will retain at least 5% of the non-agency MBS to meet risk-retention requirements.Read More
FHA Claws Past VA in 3Q21 Ginnie Single-Family MBS Issuance October 12, 2021 John Bancroft Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...Read More
The Strongest Non-Agency MBS Reading in Quite Some Time October 11, 2021 Brandon Ivey Some $32.26 billion of securities backed by non-agency mortgages were issued in the third quarter.Read More
Non-Agency MBS Market at an Inflection Point? October 8, 2021 Brandon Ivey The concerns, voiced by Granovskaya and other participants at the event, are tied to an expected decline in the supply of loans for non-agency MBS.Read More
The Tea Leaves: MBS Issuance Continues Its Downward Slope October 7, 2021 John Bancroft On a sequential basis, agency issuance fell 13.8%...Read More
Debt Issuance by Fannie Mae and Freddie Mac Plummets October 7, 2021 Dennis Hollier As issuance has dropped, the companies’ outstanding debt balances have also declined.Read More
Rocket Issues New Debt, Buys Back Old Debt October 7, 2021 Paul Muolo The debt market isn't open for every nonbank, at least at a decent price...Read More
FHFA Shuts the Door on Fannie/Freddie JV Issuing Non-GSE Securities October 6, 2021 Dennis Hollier FHFA Acting Director Sandra Thompson has quashed her predecessor's plans to expand the footprint of CSS to include GSE competitors.Read More
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