AD Mortgage issued its largest-ever securitization last week.

Despite some concerns tied to fraud and performance, investors are optimistic that issuance volume will increase this year.

Non-qualified mortgage loans and home equity products are gaining interest from investors, driving securitization up.

Saluda Grade has appointed a new co-chief investment officer to navigate its expansion into new investments in non-residential assets.

Ledn issues ABS backed by Bitcoin loans; fire at SFVegas prompts shift in exhibit hall; banks seek enhanced capital relief for CRTs; Fitch launches group for private ratings; Upstart sells auto loans to Bayview.

Talk of a capital raise for Fannie Mae and Freddie Mac has waned in recent months, leading some policy experts to question whether the Trump administration has the appetite to take the GSEs public.

Investors are expected to take time to adjust to new credit score models and the potential end of the tri-merge scoring requirement at the GSEs.

Experts speaking at SFVegas this week think the White House's interest in removing the GSEs from conservatorship could be dwindling.

Agency-eligible loans are frequently being delivered to non-agency MBS instead of the GSEs.

Investors will initially price for added risk due to uncertainty about the real-world viability of new trended data score models like FICO 10-T and VantageScore 4.0.