With the federal deficit set to increase, there are fears that the 10-year Treasury rate will rise.

Annaly is set to issue a $662.7 million MBS, its 13th expanded-credit deal of the year.

The share of GSE purchase mortgages with credit scores of at least 740 increased from 73.8% in the first quarter of 2025 to 74.6% in the second quarter.

PennyMac and Redwood Trust are marketing separate prime non-agency MBS, the first deals in the market since June 24.

HomeBridge Financial Services is the largest contributor to the securitization, accounting for 49.9% of the dollar volume.

It’s not yet clear what’s in the FDIC's pending CRA proposal or if the other federal banking regulators are planning similar proposals.

Banks and private issuers will now be able to obtain a license from the renamed U.S. Fin Tech to issue GSE-grade securities (minus the GSE guarantee).

FHA purchase-mortgage business in Ginnie Mae MBS hit $54.47 billion in the second quarter of 2025.

Large nonbanks accounted for 56.1% of GSE deliveries in 2Q25.

The issuers started marketing the deals just before the Fourth of July weekend.