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
Angel Oak Taps Other Lenders for Help Stocking Non-QM MBS October 6, 2021 Brandon Ivey Some 22% of the loans in the MBS were originated by lenders unaffiliated with Angel Oak Companies.Read More
GSE Purchases of Investor, Second-Home Loans Tumble October 5, 2021 John Bancroft Over the four-month period from May to August, Fannie and Freddie purchased $46.18 billion of IPL and SHL loans, down 47.9% from the first four months of the year.Read More
Attendance Takes a Hit at Structured Finance Conference in Las Vegas October 5, 2021 Brandon Ivey The SFVegas conference typically takes place in February, though the 2021 edition was postponed a few times due to the pandemic.Read More