Analysts at Fannie Mae looked at 14 components that go into the cost of purchasing a home, along with ongoing expenses. Costs related to the mortgage accounted for roughly 30% of the overall cost.

Foreclosure starts increased in February; SEC to revamp cybersecurity reporting for public companies; Tradepost acquires GSF Mortgage as part of an expansion of Go Companies; Milo raises $17 million; MISMO to develop standards for eVaults.

Spreads on MBS involving non-qualified mortgages have widened due to rising interest rates and excess supply. However, demand is on the rise again as new buyers are entering the space.

Jimmy John’s and Wingstop are on the menu in the latest round of whole-business securitizations.

The performance of MBS and ABS isn’t expected to be directly impacted by the fallout of Russia’s invasion of Ukraine in the near term; prepayment rates on agency MBS declined in February.

dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...

As the “easy” refis decline, lenders are turning to non-QMs, renovation loans, equity-extraction products and other less common offerings. There are also other moves lenders can make at the beginning of a down cycle, according to industry analysts.

Issuers are packaging primarily delinquent FHA mortgages into non-agency securities...

Issuance of expanded-credit MBS slowed as spreads widened and interest rates increased...

Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...