The FHLBanks’ poor performance has been largely driven by plummeting asset levels.

Year-over-year, Bank of America increased its MBS holdings by a stunning 82.5%.

Third-party due diligence reviewers are swamped.

GSE securitization of investment-property mortgages fell by 33% on a sequential basis in the second quarter, while overall single-family GSE activity was down only 5%.

The issuance is the first of the year from Goldman with GSE-eligible mortgages for investment properties.

Freddie's issuance fell by more than 50% from the first quarter and Fannie remained inactive.

Previously, Annaly was predominantly sourcing non-QMs from aggregators rather than directly from lenders.

Refi inquires declined by 5% on a weekly basis while purchase-mortgage applications were off by 1%...

The top contributor to both MBS is CrossCountry Mortgage.