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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Residential MBS Issuance Increases in Second Quarter

July 15, 2024
John Bancroft
Issuance of residential mortgage-backed securities increased by 25.1% from the first to the second quarter of 2024, hitting $304.37 billion.
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Radian Enters Jumbo MBS Market

July 15, 2024
James Dohnert
The non-agency conduit of Radian Group started aggregating loans in 2022.
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Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive

July 15, 2024
Brandon Ivey
With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.
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Agency Business Increases in Second Quarter

July 12, 2024
John Bancroft
Fannie Mae, Freddie Mac and Ginnie Mae issued a combined $272.04 billion of single-family mortgage-backed securities in the second quarter.
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Ratings Helping to Boost Fix-and-Flip Lending

July 12, 2024
James Dohnert
Toorak issued the first-ever rated RTL securitization earlier this year.
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Short Takes: FHFA Publishes Historical VantageScore Data / ‘Sweet Spot’ for Homebuyers / Low DSCR Offering From A&D / MFA Offers RPL MBS

July 12, 2024
Brandon Ivey
The historical VantageScore data are available to approved users to help with the GSEs' planned acceptance of the credit score.
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GSE Conforming Jumbo Volume Spikes in Second Quarter

July 11, 2024
James Dohnert
Some $9.71 billion of conforming jumbos were included in GSE MBS issued during the second quarter.
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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Purchase Mortgages Boost Ginnie Issuance in 2Q

July 9, 2024
Monica Hogan
Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.
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SFA Sees Non-Agency Threat in Freddie’s CES Pilot

July 9, 2024
James Dohnert
The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.
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