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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Short Takes: Senate Close to Vote on Housing Bill / Originations Rising at Rocket / Few Concerns About Banks / Meeting With Pulte Next Week

February 27, 2026
Brandon Ivey
The Senate is poised to vote on legislation aimed at addressing housing affordability.
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Bank Servicing for Others Declines to Level Seen in 2006

February 26, 2026
Brandon Ivey
Banks had $2.82 trillion of servicing for others at the end of 2025, down 0.6% from the end of September.
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Short Takes: Delinquencies Decline / Affordability Measure Declines for First Time in 7 Months / Fairway to Launch Insurance Agency / Income Rises at Cherry Hill

February 26, 2026
Brandon Ivey
The total delinquency rate declined by 3 basis points on a monthly basis to 3.65% as of the end of January, according to Intercontinental Exchange.
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GSE MBS Purchases Cloud Outlook for Conservatorship

February 25, 2026
James Dohnert
Experts speaking at SFVegas this week think the White House's interest in removing the GSEs from conservatorship could be dwindling.
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Income Stable at Angel Oak’s REIT in Fourth Quarter

February 25, 2026
Brandon Ivey
Angel Oak Mortgage REIT generated $11.3 million of net income in the fourth quarter of 2025.
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Bank Holdings of Residential MBS Seesaw Down in 4Q

February 24, 2026
John Bancroft
Over the past two years, there have been four quarterly declines and four increases in bank holdings of residential MBS.
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Strong Demand for GSE-Eligible Loans in Non-Agency MBS

February 24, 2026
James Dohnert
Agency-eligible loans are frequently being delivered to non-agency MBS instead of the GSEs.
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Short Takes: Home Prices Tick Up / Chase Offering Rate Discount / Bed Bath & Beyond Getting Into Mortgages / Bayview Stocks GSE-Eligible Mortgages in Non-Agency MBS

February 24, 2026
Brandon Ivey
Home prices increased by 0.1% on a monthly basis in December, according to the Federal Housing Finance Agency.
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Bank Mortgage-Banking Earnings Slip in Fourth Quarter

February 23, 2026
Brandon Ivey
The fourth-quarter total was skewed by Capital One, which reported $484.8 million in mortgage-banking income in the quarter.
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Mortgage Investors Expect Early Challenges With New Credit Score Models

February 23, 2026
James Dohnert
Investors will initially price for added risk due to uncertainty about the real-world viability of new trended data score models like FICO 10-T and VantageScore 4.0.
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