Federal Reserve examiners didn’t do enough to prevent the failure of Silicon Valley Bank, according to the Fed’s IG. Now, the Fed is working to address interest rate risk tied to bank holdings of MBS and ABS.

Ginnie loosens requirements for RPL pooling; Fannie sees tighter spreads with latest CRT issuance; tender offers on outstanding CRT transactions; new ABS issuers; DBRS proposes changes to commercial MBS rating methodology.

The MBA, NAHB and NAR want the Fed to announce it’s done raising interest rates and that it won’t sell MBS holdings until there’s some stability in the housing market. The request could fall on deaf ears.

Listing inventory improved in September though home prices fell.

The latest non-agency MBS from A&D Mortgage and Redwood Trust are larger than the previous issuance by the firms.

Ginnie is offering flexibility for pooling reperforming loans in MBS.

The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.

Applications for ARMs increased by 15% on a weekly basis.

Concerns about interest rates outpaced home prices for the first time since Fannie started surveying consumers in 2010.

In a speech Monday, Michael Barr largely defended the Basel proposal while also encouraging feedback to help with potential revisions.