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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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FHFA’s Planned FHLBank Reforms Left to Trump Admin

January 8, 2025
Dennis Hollier
Proposals regarding core mission activities and FHLBank membership won't be finished prior to the start of the Trump administration.
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Short Takes: Housing Market Outlook / Freddie’s New CFO / Invictus Keeps Up the Pace / Lower to Let Applicants Access Underwriting Engine

January 8, 2025
Brandon Ivey
For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.
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Banks Add MBS, ABS to Trading Accounts

January 7, 2025
John Bancroft
Bank holding company trading accounts saw a 3.9% increase in total residential MBS holdings in the third quarter.
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Similarities in New VantageScore Compared With FICO

January 7, 2025
Dennis Hollier
Despite the similarities in results from the scoring models, there are some major differences in how the scores are constructed.
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Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put

January 7, 2025
Brandon Ivey
Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.
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The Final Tally: Freddie Tops Fannie in Residential Loan Purchases

January 6, 2025
Dennis Hollier
For the first time in 33 years, Freddie out bought its crosstown rival...
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Biden Admin Revises GSE Preferred Stock Purchase Agreements

January 3, 2025
Dennis Hollier
The revisions establish some ground rules that will apply if Fannie Mae and Freddie Mac are ever released from conservatorship.
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Ginnie Increases Employee Count in 2024

January 3, 2025
Brandon Ivey
As of the end of September, the agency had 265 employees, up 25% from a year ago.
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DBRS Updates Rating Assumptions for Second Liens

January 3, 2025
James Dohnert
The rating service made the update following a review that found that CES loans originated pre-crisis had notably worse characteristics compared with originations in recent years.
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Short Takes: Interest Rates Rising / Housing Inventory Improving / More Non-Agency MBS in the Works

January 3, 2025
Brandon Ivey
Interest rates on mortgages increased to a level last seen in July 2024.
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