Expanded-credit MBS with a small share of adjustable-rate mortgages are somewhat rare.

The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…

Some $4.47 billion of single-family rental securities were issued in 2019, a 35% drop from the previous year…

In general, commercial banks have avoided wholesale mortgage lending like the plague. But not Blue Ridge.

Fun fact: Expanded-credit MBS accounted for 66.6% of non-agency issuance in 2019, compared with 43.7% in the previous year.

Citi's retail mortgage originations increased by nearly 80% in 2019 while First Republic's production was up by more than 50%.

HomeBridge Financial Services is the top contributor to the $488.80 million MBS with a 19.9% share.