The maturation of private credit will be a key stepping stone for companies looking to issue ABS, according to a manager at a private investment firm.

FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.

The flow of refinances declined 21.5% on a monthly basis to $8.90 billion in July.

Inflation figures released Tuesday helped to increase the value of stocks, including stocks in mortgage companies.

Issuance of prime non-agency MBS linked to non-agency jumbo mortgages increased by 13.4% during the second quarter of to $7.95 billion.

ARMs accounted for 70% of Chase's non-agency production in July.

PennyMac originated nearly $230.0 million of mortgages in the pending MBS.

William Lansing, CEO of Fair Isaac Corp., said the move would encourage lenders to shop for the most lenient credit score in order to qualify more borrowers for GSE loans.

ARMs accounted for 9.5% of residential mortgages locked in July, according to Optimal Blue.

Among the top 10 agency MBS issuers in July, just one was owned by a federally insured depository: Amerihome.