The Federal Housing Finance Agency plans to implement tiered financial requirements for nonbank servicers and set harsher treatment for Ginnie servicing than what’s currently required for GSE seller/servicers.

Moody’s placed AAA-rated tranches from four warehouse securitizations on review for potential downgrades following a revision to rating criteria that includes harsher treatment of deals that allow for wet loans.

Much of the decline was linked to losses on residential whole loans measured at fair value.

Spread widening indicates weaker demand from MBS investors...

The top jumbo originator in 2021? That would be Chase, with Wells Fargo a close second...

At least one nation isn’t dragging its feet on rate hikes: Hungary...

Originations of non-agency jumbo mortgages were essentially flat in the fourth quarter of 2021 compared with the previous quarter. Still, for the full year, the market was hot and gained market share. (Includes data chart.)

In a rising rate environment, issuers of jumbo MBS are seeing better pricing when the loans in their deals have short average seasoning times.

Nearly every company in a group of 30 prominent servicers of jumbo mortgages increased their respective portfolios during the fourth quarter. Jumbo servicing also increased on an annual basis. (Includes data chart.)

Annaly Capital Management is increasing the amount of capital it dedicates to aggregating non-agency mortgages and issuing MBS.