RAMS: “Large, medium, and small originators are all in the same boat looking for new outlets for this product.”

“Here’s what it means to you,” said the CEO. “You’re going to start seeing that second homes and investment homes might have loan-level price adjustments"...

The first quarter of 2021 still ranked as the second-highest quarterly volume for the two GSEs...

Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...

Issuers of MBS and ABS should use a 30-day average of SOFR rather than LIBOR when setting adjustable-rate terms for new deals, according to recommendations from a group convened by the Fed.

Refinances account for 83.1% of the collateral. The average interest rate is 3.00%, the average credit score 780...

Thrifts posted a hefty 11.2% increase in their MBS portfolios, while credit unions boosted their holdings by 7.8%...

The IAC said the SEC chose to make the reports confidential, despite the fact that the authorizing legislation didn’t require it.

Even non-agency MBS had a strong month, with daily trades averaging $3.5 billion, a sequential monthly improvement of 20.6%.

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.