It's bad enough MBS investors have to forecast rate moves by the Fed. Now they have to interpolate concerns about debt ceiling game-playing in Congress.

Only two prime non-agency MBS were issued during the fourth quarter of 2022.

Ares is a publicly-traded alternative investment manager with $352.0 billion of assets under management.

Ginnie issued around $27.10 billion in MBS with single-family mortgages in January, a 5.7% decline from December and notably smaller than that month's decline of 14.2%.

The new firm, based out of New York, matches investors and lenders and wants to enter the securitization space this year.

Neither Fannie Mae nor Freddie Mac issued a traditional credit-risk sharing transaction in the fourth quarter.

Upwards of $1.0 billion of non-QMs are sitting on warehouse lines that would have typically been sold months ago, according to one estimate.

Lodging was the only major property type to get traction in the fourth quarter.

The REIT invests in both agency MBS and mortgage servicing rights.

Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.