Some $93.98 billion of non-agency MBS was issued year-to-date through September, putting the market on track for its best year since 2021.

Ginnie Mae Acting President Sam Valverde said loan-level securitization could help liquidity.

Applications for refis declined by 26% last week.

Ginnie issuers securitized $15.61 billion of refis through the Department of Veterans Affairs home loan program in the third quarter, a 68.5% increase from the prior period.

Maxex said the new guidelines should reduce the number of sales stymied by loan conditions and establish faster turn times for sales.

Non-agency MBS issuance backed by new originations totaled $20.15 billion in the third quarter, up 17.7% from the previous quarter.

An affiliate of Radian Group is marketing its second jumbo MBS.

Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.

Blackstone is expected to initially operate as a buyer of loans with mortgage-backed security issuance to follow.

No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.