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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Final Rule on UMBS Issued; June Launch Date Remains

March 6, 2019
Paul Muolo and Brandon Ivey
The Federal Housing Finance Agency last week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June ...
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SFIG Almost Done with MBS Reforms, Adoption Uncertain

March 5, 2019
Brandon Ivey
The Structured Finance Industry Group’s years-long effort to reform practices in the non-agency mortgage-backed security market is nearly complete ...
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Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

March 5, 2019
Yemeng Yang
Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...
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Agency MBS Production Declined in January but Trading Volume Soared

March 4, 2019
Paul Muolo
The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…
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Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

March 4, 2019
Paul Muolo, Brandon Ivey, and George Brooks
More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...
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What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director

March 1, 2019
Paul Muolo
Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs?
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Nonbanks’ Non-QM Acquisition Strategies Differ

March 1, 2019
Brandon Ivey
MFA, on the other hand, is acquiring non-QMs from several unidentified lenders via whole loan acquisitions…
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Mortgage-Investing REITs Pony Up to the Stock Bar

March 1, 2019
Paul Muolo
Mortgage-investing REITs aren’t shy about selling additional shares of common to the public…
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Bank ABS Portfolios Showed a Modest Increase in 4Q18

March 1, 2019
John Bancroft
Consumer asset-backed securities, including unsecured debt consolidation loans and education financing, remained the most popular ABS category for banks…
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Short Takes: A Mega Servicing Deal Approaching? / ‘Goldilocks’ Pricing / The Ditech Portfolio? / Fannie & Freddie Common Take a Rest / FHFA’s Final UMBS Rule / Bell Bank Opens AZ Branch, Mortgages on the Menu

February 28, 2019
Paul Muolo
The share price of Fannie Mae and Freddie Mac common has been on a mild downward slope since Feb. 22. Meaning?
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