Uncertainty About GSE CRT Issuance Persists Following FHFA’s Capital Rule December 2, 2020 Brandon Ivey The FHFA's capital requirements for the GSEs don't exactly favor CRT transactions but the Biden administration is expected to encourage the deals.Read More
About That Idea of Speeding Up An End to the Conservatorships… December 2, 2020 Dennis Hollier Time to start planning for the 13th anniversary of the Fannie/Freddie conservatorships...Read More
Fed Governor Wants More Regulation, Calls Nonbanks ‘Lucky’ November 29, 2020 Brandon Ivey The irony of the regulatory call: Many nonbanks are posting record profits and six firms are in the process of IPOs...Read More
An Auction is Set for Ginnie Mae EBOs November 25, 2020 Paul Muolo One veteran trader said he’s seeing “lots of smaller [EBO] pools” in the market...Read More
MetLife to Issue its First Non-Agency MBS Backed by New Production November 23, 2020 Brandon Ivey At the end of June, the the insurance giant laid claim to a residential whole-loan portfolio totaling $17.2 billion... Read More
GSE Buybacks Edge Up In 3Q20, Blame Freddie November 22, 2020 Dennis Hollier Meanwhile, over at Fannie Mae, repurchases fell 19.7% to just $12.7 million.Read More
Banks Gobble Up GSE MBS in Historic 3Q20 Buying Spree November 20, 2020 John Bancroft Federally insured depositories added a whopping $115.23 billion to their aggregate single-family MBS portfolio during 3Q20, according to Inside MBS & ABS...Read More
After a Lull in the Action, Two Non-Agency Deals Arrive on the Horizon November 20, 2020 Brandon Ivey After a three-week lull in deals, JPMorgan Chase and American Mortgage Investment Partners Management are marketing new non-agency MBS.Read More
The GSE Capital Rule is Here. Higher Rates Ahead? November 19, 2020 Paul Muolo The thirst for more capital at the government-sponsored enterprises could lead to higher rates and fees. Or maybe not … Read More
Annaly Increases Credit Investments November 19, 2020 Brandon Ivey Annaly issued $1.0 billion of non-agency MBS during the third quarter, depleting its whole-loan holdings...Read More