This is FAR’s fourth HECM reverse mortgage deal and the first backed by active HECMs.

November was a so-so month for MBS trading. But lending is strong.

The non-agency MBS sector faltered during the third quarter. According to the Federal Reserve, the outstanding supply of non-agency MBS fell another 2.1% from June to $452.17 billion.

S&P has steered clear of the S&D market but still ranked third overall with a 24.4% share of year-to-date non-agency MBS ratings.

The review will consider the interplay between the non-agency market and the GSEs and the impact of the exemption for qualified residential mortgages...

Wells Fargo posted a 6.5% increase in repurchases from the second quarter, though its year-to-date volume was down from 2018.

GSE purchase-mortgage business cooled off, falling 4.9% from the previous month, but refi volume jumped 13.3% to $70.5 billion in November.

Ed Pinto: Owners of GSE common have no right to expect a bailout.

The boost in securitization came despite headwinds from market dynamics…

When it comes to selling additional shares, PennyMac Mortgage Investment Trust is not shy…