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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Rocket Surpasses UWM as Top Agency MBS Issuer in 2Q

July 10, 2026
Brandon Ivey
Rocket issued $41.35 billion of agency MBS in the April-June period, up 15.1% from the first quarter, with a surge in Ginnie loans.
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FHA Eyes AI to Boost Efficiency

July 10, 2026
Emmeline Willey
Ginnie Mae President and Acting FHA Commissioner Joe Gormley said both agencies are looking for ways to incorporate artificial intelligence into their programs.
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Purchase Mortgages Drive Up Ginnie Issuance in Second Quarter

July 9, 2026
Emmeline Willey
The first-quarter tally was the highest quarterly issuance total for Ginnie since the fourth quarter of 2021.
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400 Capital Management Sees Promise in Bank CRT Offerings

July 9, 2026
Brandon Ivey
400CM participated in a CRT issuance involving a $1.45 billion pool of mortgages originated by OceanFirst Bank.
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Redwood Starts Slow With eNotes

July 9, 2026
Abby Zimmardi
Redwood is partnering with just one or two sellers on eNotes at the moment rather than with all of its 240 loan seller partners.
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Trump Admin Plans Extensive Rulemaking for Mortgages

July 8, 2026
Brandon Ivey
The CFPB, HUD, VA and a number of other agencies are planning to issue proposals and final rules.
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Redwood Posts Decline in Book Value in 2Q; New Joint Venture

July 8, 2026
Brandon Ivey
Redwood's book value declined by between 1% and 3% at the end of June compared with the end of March.
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Mortgage Securitization Rate Increases in First Quarter

July 8, 2026
Brandon Ivey
The sharpest increase in the use of securitization was in the expanded-credit mortgage market.
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Short Takes: Interest Rates Tick Up / Large Expanded-Credit MBS From Verus / Volume Jumps at Figure in 2Q / New Scoring Model From VantageScore

July 8, 2026
Brandon Ivey
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.58% in the week ending July 3, according to the MBA.
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Short Takes: Home Price Appreciation Expected to Increase / Pennymac Sends More GSE-Eligible Loans to Non-Agency MBS / eNote Usage Picks Up / Warren Calls for Pulte to Resign From FHFA, DNI

July 7, 2026
Brandon Ivey
Home prices will increase 4.8% on an annual basis as of April 2027, according to projections by Cotality.
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