Fitch assigned a B rating to the planned $400 million senior unsecured debt issuance from Planet Financial Group.

“For MBA, the most critical issue to address before releasing the GSEs is the establishment of an explicit federal backstop for mortgage-backed securities,” according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

It's the first securitization of closed-end second liens from the affiliate of Ellington Management Group.

FHA’s new cyber incident reporting requirements align with those of the federal banking regulators.

The largest bank holder of agency MBS at Sept. 30? That would be Bank of America at $422.1 billion.

“This program will facilitate much-needed liquidity for issuers while improving the stability of the government-backed reverse mortgage market,” said Sam Valverde, Ginnie’s acting president.

Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.

CHLA acknowledges that the shift at Ginnie will require additional funding for the agency.

Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.

While the Fed hasn’t formally announced any intention to sell its MBS holdings in the short term, many market participants expect it to happen at some point in the future.