Cart

Inside MBS & ABS

March 25, 2011

View Archived Issues

Risk-Retention Proposed Rule to Be Released Next Week as Market Tries to Assess Fate of GSE MBS

Federal regulators have apparently come close enough in negotiations over a key rule that will set the terms for MBS and ABS issuance in the future to move ahead with a proposed regulation that will be available for public comment next week. The Federal Deposit Insurance Corp. will vote... Read More

Treasury to Start Unloading $140B in Agency MBS, Federal Reserve Earned $782 Million on Its Holdings

The MBS market is about to begin absorbing approximately $10 billion a month in agency securities, starting later this month, as the U.S. Treasury Department begins to wind down its portfolio of $142 billion in agency MBS. “We’re continuing to wind down... Read More

Commercial Banks Become Biggest Investors In MBS Market; Foreign Buyers on a Spree

Commercial banks posted a solid 7.3 percent increase in their holdings of MBS over the second half of 2010, emerging as the top investor class in the market, according to a new Inside MBS & ABS analysis. Commercial banks held...[Includes one data chart] Read More

New Redwood MBS Includes Key Features That Should Help Improve the Market

Redwood Trust’s new $290 million prime jumbo MBS closed earlier this month includes key structural ingredients that offer encouraging signs for the MBS market, according to Fitch Ratings. In addition to high-quality collateral, the deal featured a return to a “traditional senior-subordinate, shifting interest structure” for the distribution of cash flow and losses to investors, Fitch said. Gone is... Read More

Nervous U.S. Investors Thin MBS Holdings Following Devastation, Nuclear Threat in Japan

The triple disaster that recently hit Japan – earthquake, tsunami and nuclear meltdown – not only inflicted terrible anguish and suffering upon the Japanese people but also struck fear among U.S. securities investors, according to a recent analysis by Bank of America Merrill Lynch. Nervous investors dumped... Read More

Mod Re-Default Rates Not High Enough to Warrant Foreclosure Preference, Study Says

The financial benefits of loan modification have been underrated by servicers, leading to more foreclosures even in scenarios where loan modifications are more fruitful for investors, according to new research conducted by the Center for Responsible Lending. “Our findings showed... Read More

Woodmen of The World Accuses US Bancorp of Playing Favorites With Investors in $47 Million RMBS Lawsuit

Claiming US Bancorp was negligent in handling its investments and that the bank misled investors, Omaha-based Woodmen of the World Life Insurance Society has filed suit against the fifth largest U.S. commercial bank over $47 million in MBS losses. The lawsuit, filed earlier this month in Delaware Chancery Court, claims... Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

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?

View Results