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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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MBA Research: A Net Origination Loss of $200 Per Loan in 4Q18

March 26, 2019
Paul Muolo
Added MBA’s Walsh: “On the servicing side of the business, mortgage servicing impairments resulting from December’s drop in interest rates hurt profitability.”
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Allow the ‘GSE Patch’ to Expire, Think Tanks Recommend

March 26, 2019
Yemeng Yang
The CFPB introduced the GSE patch in 2014 as a temporary measure…
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Fannie/Freddie Debt Dealers Accused of Price Fixing

March 25, 2019
Dennis Hollier
The defendants include Bank of America, Credit Suisse, Goldman Sachs and many other dealers…
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Caliber Affiliate the Latest Issuer to Bring its Second ‘Expanded-Credit’ MBS of the Quarter

March 25, 2019
Brandon Ivey
The mortgages boast an average credit score of 736...
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Short Takes: The Mueller Report, the Legislative Calendar and the GSEs / No Kumbaya Moment Here / Let the Administrative Changes Begin / Better Enters FHA Market / The Market Doesn’t Love Us, So We’re Selling

March 25, 2019
Paul Muolo
And that means: two more years of hyper-partisan bickering on both sides and legislation only getting passed if there’s a bi-partisan consensus or a national emergency...
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Surprise: Goldman Sachs Aggregating Jumbos and Conforming Loans for Non-Agency MBS

March 22, 2019
Brandon Ivey
Goldman hasn’t been active in the prime non-agency MBS market except for a one-off deal in 2014.
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MBS Trading Falters Slightly but Strong Overall

March 22, 2019
Paul Muolo
One fact is certain: January and February were not good months for the production of Fannie Mae, Freddie Mac and Ginnie Mae securities.
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What We’re Hearing: Goldman Sachs is Doing What? / A Wall Street Warm Up? / 10.75% Money for Freedom Mortgage / A Grade of B+ / The Green New Deal a More Important Issue than Calabria? / CoreLogic Executive Lands Top Post at Fannie Mae

March 22, 2019
Paul Muolo
In the Senate, the 'Green New Deal' is more important than Mark Calabria?
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The Non-QM Bright Spot Continues to Grow

March 21, 2019
Brandon Ivey
“In 2018, our lending units saw a distinct rise in the popularity and use of non-QM products as more creditworthy borrowers turned to these innovative options,” said Angel Oak’s Michael Fierman…
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Short Takes: The Supremes Rule on Foreclosures and the FDCPA / It’s Good to be King, Unless You’re the CEO of Freddie Mac / Angel Oak Bolsters Office Space Big Time / Tennessee Bank Looking for Non-QM Loans / Two New Directors for Fannie / Correction: Fre

March 21, 2019
Brandon Ivey and Paul Muolo
Based on Freddie’s annual profits, CEO Don Layton is probably one of the two most underpaid bosses in the world of finance. Soon that distinction will belong to David Brickman...
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