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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Ginnie Faces Hurdles as SVP Cooper-Jones Retires

December 15, 2023
Monica Hogan
Finding someone to fill the position of senior vice president for the Office of Enterprise Data and Technology Solutions at Ginnie could be difficult given pay restrictions at the government agency.
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Short Takes: Bipartisan Support on Trigger Leads / Quantifying the Refi Opportunity / New Expanded-Credit MBS / Thrive to Merge With Lower

December 15, 2023
Brandon Ivey and John Bancroft
S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.
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Capital Requirements Proposal Would Set ‘Perverse’ Incentives on Securitization

December 14, 2023
Brandon Ivey
The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.
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Short Takes: UWM Cuts Rates for Refis / Loan Defects Decline / New Equity-Sharing Product / Fannie’s CRT Issuance to Slow

December 14, 2023
Brandon Ivey
UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.
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GSE Activity Slows in November

December 13, 2023
Dennis Hollier
Deliveries to the GSEs were down 7.0% in November compared with October.
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Republican FDIC Appointee Floats Phase-In for Basel Changes

December 13, 2023
Brandon Ivey
Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.
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Saluda Grade to Securitize Home-Improvement Loans

December 13, 2023
James Dohnert
The securitization is sized at $124.5 million and received a preliminary A- rating.
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FHLBanks Want to Remain the ‘Lender of Last Resort’

December 12, 2023
Dennis Hollier
Leaders of the FHLBanks and FHFA appear to be at odds on the banks' role in times of distress.
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Agency MBS Issuance Continues Downward Trend in November

December 11, 2023
John Bancroft
When it comes to MBS issuance, it was a third-place finish for Fannie Mae...
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Conforming-Jumbo Business Increases in Third Quarter

December 8, 2023
John Bancroft
Fannie Mae and Freddie Mac saw a combined 11.7% increase in securitization of high-balance loans that exceeded the national baseline limit of $726,200 for one-unit mortgages during the third quarter.
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Latest Imf News

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