Cart

Inside MBS & ABS

July 15, 2021

View Archived Issues

Non-Agency MBS Storms to Post-Crisis Record in 2Q21

Fed by strong jumbo production, non-agency MBS issuance surged to $43 billion in the second quarter, the highest level since the end of 2007. (Includes three data charts.) Read More

Early Delinquency Rates on Agency MBS Higher in June

Although 30-day delinquencies were up, Fannie, Freddie and Ginnie all saw significant declines in the number of loans two- and three-payments past due. (Includes data chart.) Read More

Ginnie Plans to Tighten Leash on Issuers with GSE Servicing

After a number of assessments, Ginnie Mae concluded that it is necessary to implement a more rigorous set of financial requirements for single-family MBS issuers. Read More

Mortgage REIT Stock Offerings Begin to Stir

Happy days are here again for additional offerings of stock by mortgage REITs. Well, maybe. Two recent deals are fanning the flames of hope. Read More

Are the FHLBanks Hedging Their SOFR Bets?

FHFA warned the FHLBanks, one of the largest issuers of SOFR-linked derivatives, not to use other benchmarks as the banks shift away from LIBOR. Read More

Toorak Goes Long-Term with Investment-Property MBS

After focusing on securitization of residential bridge loans, Toorak Capital Partners is preparing an MBS backed by investment-property loans with 30-year terms. Read More

S&P Revises Auto Loan ABS COVID-19 Loss Adjustment

The rating service has improved its outlook on auto ABS for the second time this year based on an economy rapidly healing from COVID-19 losses. Read More

California Nonbank Rejected by Ginnie Has No Appeal

Priority Financial Network is steamed about the Ginnie application process and is searching for answers. Meanwhile, it could fund $2 billion in loans this year, including conventional, government and non-QMs. 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