A small decline in interest rates last week helped to increase applications for purchase mortgages.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.

Pooja Pathak, a director at Metlife, an insurance company, said more non-QM assets are needed to meet demand from insurance companies, which are willing to pay a premium for the product.

Annaly is a prolific issuer in the sector, but the only other time the real estate investment trust’s expanded-credit deals topped $500 million in volume was during the refinance boom during the pandemic.

“We’re in a euphoric market for spread products,” said Neil Aggarwal, head of securitized products at Reams Asset Management.

“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring, a historically busy season for homebuying,” said Sam Khater, chief economist at Freddie Mac.

Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.

Ginnie Mae's revisions come one day after the FHA raised the maximum loan limit for Title 1 loans on manufactured housing.