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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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REITs Increase MBS Holdings Amid Market Volatility

June 7, 2023
John Bancroft
With banks and the Fed shedding MBS, REITs added to their portfolios.
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Figure Ramping Up HELOC Securitization

June 6, 2023
James Dohnert
Figure Lending's newest MBS will include recently originated first- and junior-lien home equity lines of credit with an unpaid principal balance of $205.4 million.
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Short Takes: Chase’s $200 Offer; Home-Price Appreciation Outlook; Non-QM MBS; Balbec’s Scratch-and-Dent Deal

June 6, 2023
Brandon Ivey
In certain areas, Chase is offering mortgage shoppers $200 to consider a mortgage from the bank.
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Nonbank Ginnie Issuers Making Progress on Capital Requirements

June 2, 2023
Monica Hogan
Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.
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Influx of GSE Repurchase Requests May Not Reflect Policy Changes

May 31, 2023
Dennis Hollier
Fannie and Freddie believe the surge in repurchase requests simply reflects market trends.
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REIT M&A: Tonkel-Led Arlington Agrees to a Deal

May 31, 2023
Paul Muolo
Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.
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UBS Receives Multiple Bids for Servicing Handled by SPS

May 31, 2023
Paul Muolo
The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.
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Commingled Issuance From GSEs Remains Suppressed

May 30, 2023
John Bancroft
A reduction in the commingle fee that applies to the GSEs helped to increase such issuance somewhat in April.
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Financial Services Groups Happy With Debt Ceiling Bill

May 30, 2023
Brandon Ivey
Trade groups endorsing the legislation include the American Bankers Association and the Securities Industry and Financial Markets Association.
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Short Takes: Slow Progress at States on Nonbank Standards / Home Prices Essentially Flat / Ginnie to Expand MBS Disclosures / Arvest Loses Servicer Rating

May 30, 2023
Brandon Ivey
Minnesota becomes the fifth state to adopt the CSBS's model framework for nonbank prudential standards...
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