Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...

Issuers of MBS and ABS should use a 30-day average of SOFR rather than LIBOR when setting adjustable-rate terms for new deals, according to recommendations from a group convened by the Fed.

Refinances account for 83.1% of the collateral. The average interest rate is 3.00%, the average credit score 780...

Thrifts posted a hefty 11.2% increase in their MBS portfolios, while credit unions boosted their holdings by 7.8%...

The IAC said the SEC chose to make the reports confidential, despite the fact that the authorizing legislation didn’t require it.

Even non-agency MBS had a strong month, with daily trades averaging $3.5 billion, a sequential monthly improvement of 20.6%.

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.

DBRS made strides in the expanded-credit MBS market with $10.95 billion in business, a 19.5% increase from 2019 at a time when overall rated issuance fell 24.7%

Grier will remain as a director, though he’ll abstain from committee work. He’ll also receive the standard CEO base salary of $600,000...

The FHFA based its 30-day liquidity requirement on the coverage ratio used by bank regulators.