President Biden's budget proposal for fiscal year 2025 included a brief section addressing the future of the housing finance system.

The top three MBS issuers in February: UWM, PennyMac and Rocket Mortgage.

According to an analysis by Inside MBS & ABS, $1.88 billion of VA rate/term refinance loans were included in Ginnie MBS issued in February 2024, compared with $298.5 million in January.

President Biden proposed a tax credit of $400 a month to put toward a mortgage.

Must of the increase in bank ABS holdings seen during the fourth quarter of 2023 was due to a portfolio securitization at BMO Harris Bank.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

A small decline in interest rates last week helped to increase applications for purchase mortgages.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.