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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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The Final Agency MBS Count for 2020: A Record Setting $3.15 Trillion

January 6, 2021
John Bancroft

What's more, the GSEs upped their share of the agency market to 75.8%, and dominated the overall single-family market as well...


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Ginnie Forbearance Reading At Highest Level Since November

January 5, 2021
Paul Muolo

Late last week, Black Knight released its measurement: 2.83 million mortgages in COVID-related relief for the seven-day period ending Dec. 29. The FHA/VA (GNMA) reading increased by 11,000 units.


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The Ginnie Early Buyout Game Leans Heavily Toward FHA

January 4, 2021
Paul Muolo

In general, most of the delinquent loan buying has been done by the megabanks and top-ranked direct-FHA funders like Quicken Loans and PennyMac...


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Nation’s Largest ‘mREIT’ Renews Stock Buyback Effort

January 3, 2021
Paul Muolo

Like many mortgage-related REITS, Annaly has returned to profitability and has experienced an improvement in its net interest margin.


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DBRS, S&P Lead Ratings Market at Nine-Month Mark

December 31, 2020
John Bancroft

Kroll Bond Rating Service had a strong year over the first nine months of 2020, with a 12.4% increase in business from the same period in 2019...


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TPO Channels Pick Up Share in Stellar 3Q20 Agency Market

December 23, 2020
John Bancroft

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.


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No Worries At All: Plenty of Buyers for Agency MBS

December 22, 2020
John Bancroft

The combined market for Fannie and Freddie single-family MBS grew 3.7% in the third quarter and a hefty 9.5% over the past year.


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Forbearance Inches Northward, Trouble in the GNMA Sector

December 21, 2020
Paul Muolo

Forbearance requests from FHA/VA borrowers reached their highest level since the week ending June 14, MBA said...


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Short Takes: Nonbanks Face the (GSE) Music on Liquidity Requirements / MBA is Not Happy / Hope? / Citi Goes English-Only / Freddie Official Hired by the CFPB

December 21, 2020

MBA criticized the secretive nature of the rule change, arguing that by using lender letters, the maneuver short-circuited the normal comment period…


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Saluda Grade Issues Rare Securitization of Closed-End Second Liens

December 21, 2020
Brandon Ivey

All of the loans in the new security were originated by Spring EQ, a Philadelphia-based lender co-founded by former New Penn CEO Jerry Schiano...


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