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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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GSE CRT Issuance Drops in Second Quarter

August 18, 2026
Brandon Ivey
Spreads on the second-quarter issuance widened significantly compared with the prior deals issued by the GSEs.
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Short Takes: Message to Employees From Better’s Interim CEO / HELOCs Flowing Into Securitizations / Borrowers Like Modern Credit Scores

August 18, 2026
Brandon Ivey
"We have retained a dedicated team of experienced advisors to assist us with this matter, allowing our leadership team and employees to remain focused on our key operational objectives," Daniel Lewis, interim CEO of Better Home & Finance, wrote to employees amid a battle for leadership of the company.
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SPS Top Non-Agency MBS Servicer in 2Q

August 17, 2026
Abby Zimmardi
SPS retained pole position in the second quarter despite a 6.8% drop on a quarterly basis.
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GSEs Formally End Green MBS Programs

August 14, 2026
Dennis Hollier
While the GSEs announced the end of the programs last week, the last single-family green MBS issuance by either GSE was in June 2025.
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Short Takes: Subservicer Issues Debt With Acquisition Plans / Figure Plans to Expand Sale Types / Homebuilder Tri Pointe Takes Large Loss / New RTL Securitization Issuer

August 14, 2026
Brandon Ivey
Servbank’s holding company completed a $90.0 million debt offering.
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GSEs Sharply Slow Pace of Portfolio Additions in Second Quarter

August 13, 2026
Dennis Hollier
Between the end of March and the end of June, the GSEs' combined mortgage portfolios grew just 1.7%, to $313.62 billion.
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Income Nearly Doubles at Figure in Second Quarter

August 13, 2026
Brandon Ivey
The second-quarter results included big increases in revenue from ecosystem and technology fees and gains on servicing.
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Short Takes: Ginnie Updates Seasoning Requirements for RPLs / Redwood Goes Bigger With IPL MBS / Few Homebuyers

August 13, 2026
Brandon Ivey
Ginnie will allow trial payment periods to count toward the agency’s seasoning requirements.
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Agency MBS Issuance Down for Third Consecutive Month in July

August 11, 2026
John Bancroft
The refi share of agency MBS issuance slid to 24.1% in July after accounting for 45.1% in March.
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TPG REIT to Focus on HELs Despite Cherry Hill Acquisition

August 11, 2026
Brandon Ivey
The REIT sees more relative value in home equity loans than in other asset classes.
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