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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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GSE Securitization Down in July as Refi Deliveries Slow

August 21, 2025
Dennis Hollier
Refi deliveries declined by 22.4% from June.
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Two Harbors Settles With Former External Manager of REIT

August 21, 2025
Brandon Ivey
The issue dates to 2020, when Two Harbors moved to terminate its management agreement with Pine River Capital Management for cause.
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Secondary Market Wary of Swings in Regulation, Oversight

August 21, 2025
Emmeline Willey
Most lenders will likely continue to follow existing laws and maintain responsible practices, according to a managing director at a bank’s investment division.
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Short Takes: Two Harbors Shifts Servicing / Moody’s Revises Residential MBS Criteria / Home-Sale Cancellations Elevated / Toll Brothers Seeing More Traffic

August 21, 2025
Brandon Ivey
The new relationship will increase Two Harbors’ third-party subservicing business to $31 billion in unpaid principal balance.
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Closed-End Seconds From Carrington Flow Into Securitization From Sage

August 20, 2025
Brandon Ivey
Carrington hasn’t been identified in rating reports as a contributor to any securitizations of closed-end second liens issued this year.
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Short Takes: Upgrades for GSE CRT / Housing Starts Increase / Housing Market Slows in CA / Figure Stays Busy With HELOC Securitization

August 20, 2025
Brandon Ivey
“The entire portfolio has experienced overwhelmingly positive rating pressure,” Fitch said of GSE CRT issuance.
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Home Equity Loan Securitization Slows in Second Quarter

August 19, 2025
Brandon Ivey
Issuance declined by 17.8% compared with the first quarter.
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Figure Plans IPO After Recombining Business Units

August 19, 2025
Brandon Ivey
The planned IPO will help Figure expand into other markets.
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Fannie Economists Revise Interest Rate Outlook Upward

August 19, 2025
Brandon Ivey
The revised forecast projects an average interest rate of 6.5% at year-end.
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Short Takes: New Details on The Great American Mortgage Corp. / Mortgage Applications for New Homes Up / Annaly’s Expanded-Credit MBS Issuance Humming

August 19, 2025
Brandon Ivey
The Trump administration is describing The Great American Mortgage Corp. as "the all new Fannie Mae and Freddie Mac: bigger and better than ever."
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