Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”

CECL requires expected losses to be anticipated long before actual evidence of a loss can be recognized…

NAR: FHFA must allow Fannie and Freddie to meet their public mission of supporting liquidity and broad access...

TD Bank was the largest depository holder of non-mortgage ABS at the end of March, according to a new ranking from Inside MBS & ABS...

Angelo Gordon is set to include Community Development Financial Institution loans in its first non-QM MBS, prompting lower risk-retention requirements.

The strongest MBS trading month of the year came in March at $269.9 billion...

In a statement, Morningstar said over the short-term, the acquisition will change nothing and it will be “business as usual.”

Nearly 70% of the volume going to the GSEs due to the QM patch could be handled in the non-agency market without disrupting borrowers, according to a new SEC filing and presentation from Redwood.