Aviation ABS tied to Russia and Ukraine hit with downgrades; Pennsylvania’s private student loans deals from 2020 and 2021 upgraded; KBRA adds Opportunity Zone identifier to commercial MBS tracking; credit card ABS performance expected to decline.

According to new research paper, nonbanks use their MSRs to help fund operations in a rising rate environment, resulting in stronger originations in comparison to banks.

Fitch said current run-rates suggest that production volume this year could fall closer to $2.0 trillion...

Among nonbanks offering HELOCs, NewRez is hardly alone...

Mortgages originated by Community Development Financial Institutions don't need to follow ability-to-repay standards established by the Consumer Financial Protection Bureau.

Originators of jumbo mortgages saw better execution in whole loan deliveries in May rather than MBS issuance.

FHFA noted that higher mortgage rates had not yet translated into slower home price gains as of the end of March.

Freddie said the promotions in its multifamily division reflect the GSE’s commitment to grow talent and provide stability and affordability to the market.

Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.

The expanded-credit market was the only sector to see originations increase in the first quarter. The products accounted for 2.2% of total mortgage originations. (Includes data chart.)