If the proposal is implemented, some mortgage originations that have gone into bank portfolios would likely go into MBS instead. The impact on bank investment in MBS and ABS looks to be much more modest.

Margin requirements for the to-be-announced market received another approval from the SEC this week. However, a legal challenge could further delay implementation.

There’s an MI-linked CRT from Essent, a seasoned CRT from Freddie Mac and a non-agency deal from Jefferies; Goldman to issue commercial MBS with Amazon shipping facilities.

The proposal would change risk weights for mortgages in bank portfolios based on LTV ratios. Close to 20% of mortgages not sold by banks in 2022 had LTV ratios for which higher capital requirements would apply.

Ocwen's income received a $28 million boost from “favorable adjustments to significant legal and regulatory settlement expenses.”

The mortgage market was "weaker than expected" in the second quarter, according to Black Knight's executive chairman.

Freddie Mac improves income verification options for self-employed borrowers.

The real estate investment trust expects to benefit from higher capital requirements for large banks.

Applications for purchase mortgages fell to a level last seen in early June.

Two Harbors recovered after a large loss in the first quarter.