The MBS marks the first deal from Deephaven since the firm was acquired by Pretium Partners.

All of the loans in the MBS were originated by LendSure Mortgage. Ellington owns a 45% stake in the lender and provides a warehouse line of credit to the firm.

The RFI seeks public input on all policies that might affect UMBS fungibility and the viability of the TBA market. The action appears to be an effort by the agency to ensure the enterprises maintain appropriate oversight of UMBS prepayment speeds and alignment.

It appears that Fannie’s risk transfers are slowing. The GSE issued only one Connecticut Avenue Securities deal in the third quarter…

Genworth’s sale to China Oceanwide Holdings is still pending. The deal was struck back in 2016. So what’s the hold up? The short answer: Selling anything to China is complicated these days...

Mayer Brown attorneys said a synthetic structure can receive favorable capital treatment while traditional non-agency MBS cannot.

The majority of expanded-credit MBS this year has been filled with Alt A loans that tend to have higher credit scores and are underwritten with alternative documentation.

Meanwhile, new agency MBS creation remained strong in September at $160.2 billion…

“To foster competition that serves consumers, the new strategic plan and scorecard aim to provide a level playing field for all market participants such that success depends on running a better business rather than special regulatory and statutory advantages,” the FHFA states.

A strong fourth-quarter finish could put 2019 in striking distance of the record $249.05 billion of CMBS issuance in 2017.