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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Annaly Takes Small Loss in Second Quarter

July 25, 2024
Brandon Ivey
The real estate investment trust’s gains on derivatives weren’t enough to overcome losses on investments.
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Short Takes: Servicer Satisfaction Improves / New Verification Offering From Equifax / PIMCO Quick With Non-QM MBS / New-Home Sales Level

July 25, 2024
Brandon Ivey
“Improvements in problem resolution and satisfaction with digital channels are the primary drivers of this year’s higher scores,” J.D. Power said of servicer satisfaction.
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Non-Agency MBS Issuance Increases in Second Quarter

July 24, 2024
John Bancroft
Much of the second-quarter gain came from securitization of home equity loans and deals backed by distressed mortgages.
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New Disclosures Will Help With GSE Shift on Credit Scores

July 24, 2024
Dennis Hollier
The disclosures include VantageScore scores from all three credit reporting companies — TransUnion, Equifax and Experian.
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Short Takes: Purchase-Mortgage Applications Down / Housing Market Reaching Balance / Mix of Loans in MBS From Chimera

July 24, 2024
Brandon Ivey
A decline in interest rates wasn't enough to help push up applications of purchase mortgages last week.
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AGNC Takes Loss in 2Q, Citing Issues With Fed

July 23, 2024
Brandon Ivey
The Fed's "hawkish monetary policy stance" helped prompt a loss at AGNC in the second quarter, according to Peter Federico, president and CEO of the REIT.
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Bank Trade Groups Oppose FHFA Effort on FHLBanks

July 23, 2024
Dennis Hollier
Bank trade groups raised concerns that a recent request for input from FHFA “appears to contemplate significant regulatory action not undertaken at Congress’ direction.”
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Short Takes: Positive Outlook for Acra / New Co-CEO at Dynex / NYCB Touts Simplified Business Model

July 23, 2024
Brandon Ivey
Non-QM lender Acra Lending has been profitable in the last three years.
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Citi Enters Jumbo MBS Market for First Time in 2024

July 22, 2024
James Dohnert
The $507.9 million Citi deal includes loans originated by Rocket Mortgage and others...
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Depository Share of Mortgage Servicing Declines Again in 2Q

July 19, 2024
John Bancroft
The bank share of agency servicing fell to 34.5% as of the end of June.
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