The rapid rise in investor interest for home equity loan securitizations has drawn parallels to the rise of non-QM MBS post the 2008 crisis.

Originator collateral misrepresentation and servicer reporting fraud also received a notable portion of votes for the most concerning schemes in a new survey from the Structured Finance Association.

Liability under ERISA for MBS structures could be impacted by a recent appeals court’s ruling in a long-running lawsuit.

Ginnie Mae hasn’t formally assessed the risks of the growing nonbank concentration in its portfolio, according to the HUD OIG.

The initial rate of prepayments in Ginnie Mae custom buydown pools is slower than the prepayment activity in multiple-issuer pools, which could help investors guard their portfolios.

The SEC is seeking more information from Egan-Jones Ratings on its application for authority to rate ABS and government securities.

A recent paper co-authored by Federal Reserve Governor Stephan Miran identifies several policy changes that would allow the Fed’s SOMA to be reduced by up to $2.13 trillion.

Annaly Capital Management is set to issue a $349.3 million non-agency MBS with loans originated by AmeriHome Mortgage.

S&P was the top ABS rating service in the fourth quarter and finished narrowly behind Fitch for all of 2025. Kroll held the top spot in MBS ratings for the year despite a strong challenge from Fitch. (Includes two data tables.)

Market participants say the surge in GSE purchases is part of the Trump administration’s effort to reduce mortgage rates and spreads.