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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Fannie Adjusts Rate Forecast Higher, Lock-In to Linger

January 23, 2025
Brandon Ivey
“The totality of indicators in recent months suggests that neither aggregate demand in the economy nor inflation pressures eased by as much as was previously expected,” the economic team wrote.
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Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up

January 23, 2025
Brandon Ivey
Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.
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Non-Agency MBS Issuance More Than Doubles in 2024

January 21, 2025
John Bancroft
Four of the top five non-agency MBS issuers at least doubled their issuance volume on an annual basis in 2024.
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GSE Reform Not a Top Priority for Trump Administration

January 21, 2025
Dennis Hollier
Scott Bessent, nominee to head the Treasury, didn’t mention the GSEs in his confirmation hearing last week.
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More Agency Servicing Shifts to Ginnie, Nonbanks

January 17, 2025
John Bancroft
Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.
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Trump Nominates Bill Pulte for FHFA Director

January 17, 2025
Dennis Hollier
The president-elect said Bill Pulte will help “restore the American Dream for all.”
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MBS Investor Reaction a Major Factor in GSE Reform

January 17, 2025
Dennis Hollier
It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.
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CFPB Argues Home Equity Investments Are Subject to TILA

January 16, 2025
Shannon Clark
The regulator said in an amicus brief Wednesday that home equity investments can be considered credit and subject to Truth in Lending Act requirements.
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Repurchases by Banks Decline in Third Quarter

January 16, 2025
Namrata Bhatia
Banks and thrifts repurchased $213.6 million of single-family mortgages during the third quarter, an 11.5% decline from the previous period.
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Short Takes: Chase Expects Small Hit From CA Wildfires / HUD Withdraws Affirmatively Furthering Fair Housing Proposal / Non-Agency MBS Flowing / Debt Offering From Redwood

January 16, 2025
Brandon Ivey
Chase expects a limited financial impact on its business from the LA-area wildfires.
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