| Inside Mortgage Finance

Nonbank Liquidity Crisis Averted for Now but Questions Remain

The federal government is marshaling all its resources to help nonbanks with MBS obligations stay liquid. For now, the effort appears to be working but new brush fires are popping up.

Chaotic First Quarter Brings Sharp Drop in New Issuance

The non-mortgage ABS sector stood alone as the only market to post increased production in the first quarter, but activity came to a near standstill in March. (Includes three data charts.) Read More

A Secondary Market Develops for 'Orphaned' Non-QM Assets

The secondary market for orphaned non-QM assets is thriving. This includes both whole loans and even securitizations. The biggest question for buyers: Has a floor been established yet? Read More

Redwood Sells Securities at a Loss, Honors Margin Calls

Mortgage-related real estate investment trusts, including Redwood, have been hit hard by a wave of margin calls due to drastic declines in the value of their MBS. Redwood said it has met its margin calls so far. Read More

AG Mortgage Sues to Stop RBC’s Margin Call Action

AG Mortgage Investment Trust filed a lawsuit to stop Royal Bank of Canada from selling commercial MBS the company is a counterparty to. The bank for now has decided to postpone the auction. Read More

Fed Buys $1.4 Billion of Agency Multifamily MBS

On the same day that the Federal Reserve bought its first $1 billion in agency multifamily MBS, it purchased more than $41 billion in agency single-family MBS. Read More

Auto ABS Market Could See Wave of Putback Litigation

During the 2008 financial crisis, investors in non-agency MBS sought repurchases from issuers, citing faulty underwriting and disclosures. A similar surge in putbacks could be on the way for the auto ABS market. Read More

CMBS Delinquencies Likely to Increase

Delinquencies in commercial MBS loans are likely to jump due to the economic impact arising from the COVID-19 outbreak, with hotels and malls likely to be the early casualties. Read More

Inside MBS & ABS

April 2, 2020

View Archived Issues

Nonbank Liquidity Crisis Averted for Now but Questions Remain

Chaotic First Quarter Brings Sharp Drop in New Issuance

A Secondary Market Develops for 'Orphaned' Non-QM Assets

Redwood Sells Securities at a Loss, Honors Margin Calls

AG Mortgage Sues to Stop RBC’s Margin Call Action

Fed Buys $1.4 Billion of Agency Multifamily MBS

Auto ABS Market Could See Wave of Putback Litigation

CMBS Delinquencies Likely to Increase

Latest Imf News

UWM to Acquire Two Harbors, Eyeing Servicing

Mortgage Broker Jobs Increase in October; Others Decline

New Freddie CEO Out of Retirement After Long Term at Deloitte

Lennar’s Average Sale Price for New Homes Dropping

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

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?

Inside MBS & ABS

April 2, 2020

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