Inside MBS & ABS

Subprime Slump Weighs Down Non-Agency MBS Issuance; Product Mix is Changing

A sharp downturn in subprime MBS issuance pulled overall non-agency production down in the second quarter of 2007 as the market continues to adjust to a new regulatory and business environment in the primary mortgage market. According to... [Includes four charts] Read More

2006-Vintage Subprime MBS Hit With Downgrades as Losses Continue to Mount

Standard & Poor’s this week placed more than 600 classes of subprime MBS on CreditWatch negative and toughened its rating standards in light of further deterioration in 2006 vintage deals. S&P analyst Susan Barnes said most of the securities on CreditWatch will be... Read More

Wall Street Trade Groups Caution States Against Overreacting to Foreclosure Issue

Wall Street is gearing up for a possible confrontation with states that are considering tough regulatory and legislative responses to the subprime market problems and the rising foreclosure rates. These different initiatives have common features in that they all... Read More

Federal Regulators Suggest Hedge Fund Exposure to Subprime MBS Turmoil Does Not Pose Systemic Risk

The Federal Reserve and Treasury Department this week said that while recent problems involving hedge fund investment in subprime MBS are troubling, the regulators are not overly concerned. At a hearing on hedge funds before the House Financial Services... Read More

U.S. Subprime Mortgage Losses Spooking Investors As European Lenders’ Exposure Remains Uncertain

The stock prices of a number of big European banks have taken a pounding since late May after rebounding from lows in March as spooked investors worry about the lenders’ degree of exposure to the U.S. subprime market woes. Three groups of European banks have... Read More

Regional Banks Heavily Engaged in Prime Mortgages May Benefit from Forthcoming Basel 1A Capital Standards

The forthcoming Basel 1A capital framework is expected to benefit regional U.S. banks that are heavily engaged in the prime mortgage sector, according to a new report by Fitch Ratings. Entitled “Basel 1A: A Fork in the Road,” the report advances the view that... Read More

July 13, 2007

View Archived Issues

Subprime Slump Weighs Down Non-Agency MBS Issuance; Product Mix is Changing

2006-Vintage Subprime MBS Hit With Downgrades as Losses Continue to Mount

Wall Street Trade Groups Caution States Against Overreacting to Foreclosure Issue

Federal Regulators Suggest Hedge Fund Exposure to Subprime MBS Turmoil Does Not Pose Systemic Risk

U.S. Subprime Mortgage Losses Spooking Investors As European Lenders’ Exposure Remains Uncertain

Regional Banks Heavily Engaged in Prime Mortgages May Benefit from Forthcoming Basel 1A Capital Standards

Latest Imf News

Refi Lending Spikes in 4Q, Purchase Mortgages Slow

Delinquencies Climb During Fourth Quarter, Led by FHA

GSEs Getting Aggressive With Cash Window Pricing

Onity’s Earnings Helped by Release of Tax Valuation Allowance

Featured Data

FHA Delinquencies Rise to Pandemic Levels

Expanded-Credit MBS Issuance Slows in 4Q

New Nonbank Servicing Giant Emerges in Fourth Quarter

January Ushers In New Year With Modest Gain in MBS

Featured Reports

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q25 (PDF)

IMF HMDA Dashboard: 2024

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?