Cart

Inside MBS & ABS

April 27, 2018

View Archived Issues

Commercial Mortgage Securitization Starts Strong in 2018 Despite Sharp Downturn from Torrid Pace Set in Late 2017

Securitization of commercial mortgages got off to a solid start in the first quarter of 2018, with the non-agency sector showing more strength than it did a year ago. [Includes one data chart.] Read More

GSE-Eligible Loans in Non-Agency MBS Seen As More Risky than Prime Jumbo Mortgages

A sharp increase in recent months in the volume of mortgages eligible for sale to the government-sponsored enterprises being placed in non-agency MBS is exposing investors to higher potential losses than deals backed solely by prime jumbo loans, according to Kroll Bond Rating Agency. Read More

MBS Trading Volume Declined in March; Rising Rates a Major Obstacle as Both Production and Volume Shrink

The average daily trading volume in agency MBS fell to $215.2 billion in March, the lowest reading of the year and the worst showing since August of 2017, according to figures compiled by the Securities Industry and Financial Markets Association. Read More

Credit Card ABS Investors Face Choice Between Deals from the ‘Big Six’ and Other Issuers

The performance and returns offered by credit card ABS differ significantly by the type of firm issuing the deal, according to a recent analysis by Moody’s Investors Service. Read More

A Sign of Liquidity for Servicing Rights: PennyMac REIT Comes to Market with Short-Term Notes

PennyMac Mortgage Investment Trust plans to issue $450 million worth of secured term notes collateralized by Fannie Mae mortgage servicing rights and excess receivables. The paper matures in April 2023. Read More

Agency CMO Issuance Turned More Robust in Early 2018 Despite Slowdown in Pass-Through Production

Agency issuance of real estate mortgage investment conduits backed by single-family MBS jumped significantly higher in the first quarter of 2018, led by a huge increase in Freddie Mac production, according to a new Inside MBS & ABS analysis. [Includes one data chart.] Read More

S&P Wades Into the PACE Securitization Market With Its First Rating of a Mixed PACE Transaction

S&P Global Ratings has rated its first Property Assessed Clean Energy (PACE) securitization deal, which could help perk investor interest in the fledgling asset class. 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