May 20, 2022 | Inside Mortgage Finance

Banks Write Down MBS as Interest Rates Climb in 1Q22

Most bank holdings of residential MBS are in available-for-sale accounts that require fair-value accounting, which led to a rare decline in the industry's portfolio in the first quarter. (Includes two data charts.) Read More

Prices Improve for Non-QMs but Lenders Not Out of the Woods

Non-QM originators are seeing better bid prices for their wares but is it enough to turn a decent profit? Or is “breakeven” the order of the day? Read More

Ginnie, FHFA Working on Joint, Independent Agenda

Ginnie and FHFA are working together to set capital and liquidity requirements for nonbanks. Separately, Ginnie is working to allow for changes at the loan level and FHFA is considering reforms involving the Federal Home Loan Banks. Read More

More Lender Criticism of FINRA Rule 4210

The Mortgage Bankers Association has asked the SEC to review the margin requirements in Rule 4210, arguing that lenders use to-be-announced securities to hedge their interest rate exposure rather than for speculation purposes. Read More

Fed Not Actively Discussing Sales of Agency MBS

It could be years before the Fed sells any of its holdings of agency MBS, according to John Williams, president and CEO of the Federal Reserve Bank of New York. Read More

SFA Seeks Clarity on Proposed Cyber Disclosure Rules for ABS

Cybersecurity disclosure rules for ABS should be focused on primary servicers, the Structured Finance Association said in comments to the Securities and Exchange Commission. Read More

Non-Agency MBS Issuers Adjusting Deal Terms

Rising interest rates and widening spreads are prompting more investor-friendly changes to expanded-credit MBS deals. Read More

Grapevine: Non-Agency MBS Costs, FHFA Pressed on Credit Scores

Issuing a non-agency MBS isn’t cheap; trade groups push for data, timeline if GSEs change credit scoring models; Ginnie reiterates its buyout policy. Read More

Inside MBS & ABS

May 19, 2022

View Archived Issues

Banks Write Down MBS as Interest Rates Climb in 1Q22

Prices Improve for Non-QMs but Lenders Not Out of the Woods

Ginnie, FHFA Working on Joint, Independent Agenda

More Lender Criticism of FINRA Rule 4210

Fed Not Actively Discussing Sales of Agency MBS

SFA Seeks Clarity on Proposed Cyber Disclosure Rules for ABS

Non-Agency MBS Issuers Adjusting Deal Terms

Grapevine: Non-Agency MBS Costs, FHFA Pressed on Credit Scores

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?

Inside MBS & ABS

May 19, 2022

Download Files:

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