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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Ginnie Mae Picks SOFR as the Index Replacing LIBOR

April 30, 2019
Paul Muolo

Amherst Pierpont Securities worked with Ginnie on the SOFR tranche…


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Short Takes: A Bill to Stop Lobbying by the GSEs / Who Said They Were Lobbying? / Redfin Mortgage Continues to Expand / Pending Home Sales Increase (Slightly) / Incenter Hires Whole Loan Trading Chief

April 30, 2019
Paul Muolo
Are GSE officials lobbying Congress?
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The GSE (Lender) Front-End Risk-Sharing Tally for 2018: Just $49 Billion

April 29, 2019
Paul Muolo
The $49 billion reading is miniscule when compared to GSE total issuance of volume of $781 billion last year.
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Impac, Sprout Among Top Expanded-Credit MBS Lenders, However…

April 29, 2019
Brandon Ivey
Just because you're a non-QM lender, that doesn't mean you're an issuer...
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Fannie/Freddie 1Q19 Earnings Preview: Decent but Keep an Eye on the Hedging ‘Marks’

April 26, 2019
Paul Muolo

The government-sponsored enterprises continue to fire on all cylinders. However...


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Short Takes: GSE Stocks: What Goes Up Is Coming Down / True Value? / The Homeownership Rate Dips Ever So Slightly / The ‘Old’ Days: If You’re Breathing You Can Get a Mortgage / That Was Then, This Is Now (Banks)

April 25, 2019
Paul Muolo
When it comes to investing in Fannie/Freddie common, volatility is the watchword...
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MetLife, Citi Bring Non-Agency MBS Backed by Seasoned Mortgages

April 25, 2019
Brandon Ivey

At Dec. 31, MetLife held approximately $11.74 billion in whole loans. In the past, the life insurer had focused on seasoned mortgages, but two years ago started buying newly-originated prime and near-prime mortgages.


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Verus Readies Non-QM MBS Backed by Investor Loans

April 23, 2019
Paul Muolo

Founded in 2015, Verus Mortgage has notched 10 rated non-QM MBS deals...


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OIG: FHFA Understated Cost to Develop UMBS Platform

April 23, 2019
Dennis Hollier

As early as October 2016, the FHFA was aware the project was "off track" and additional costs were likely, the IG said...


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A Scorcher of a Month for Agency MBS Trading

April 22, 2019
Paul Muolo

The non-agency market, which is dwarfed in size by agencies, saw $3.0 billion in securities change hands on a daily basis in March, the strongest reading since June of 2018.


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