Cart

Inside MBS & ABS

July 7, 2022

View Archived Issues

Agency MBS Issuance Down Sharply in 2Q22, ABS Gains

Freddie recorded the biggest decline in the agency market, while Ginnie dodged the worst of the downturn. Agency multifamily MBS issuance was up, however, as was non-mortgage ABS production. (Includes three data charts.) Read More

Secondary Market for Expanded-Credit Mortgages in Turmoil

Two prominent lenders involved in the expanded-credit market shuttered and planned MBS from major issuers are being downsized or pulled altogether. Read More

GSE Exposures to New Fee on Commingled Securities Differ

Both Fannie Mae and Freddie Mac foreshadowed the new fee for commingled securities in their SEC filings. (Includes data chart.) Read More

As Non-QM Sector Corrects, Where is PIMCO?

It’s not every day that bond-investing giant PIMCO pulls out of a market, but for now the whole-loan buyer is avoiding non-QMs. Also, part of the story: the closures of FGMC, Maverick and Sprout Mortgage. Read More

CMBS Delinquencies Poised to Keep Improving

Moody’s and other rating services are optimistic about the near future of the CMBS market, with continuing drops in delinquencies expected. Some sectors are performing worse than others. Read More

McCargo Calls on Industry to Confront Housing Inequity

Ginnie Mae President Alanna McCargo wants industry participants and governments to find more ways to expand liquidity for small lenders and community development financial institutions. Read More

The Numbers on Fannie’s Latest CAS Tender Offer

Investors tendered debt notes worth slightly more than 82% of the original principal amount. Read More

Grapevine: Non-Agency CRT; TBA Futures Coming; Hertz Upgrade

Western Alliance Bank completes non-agency CRT deal; CME Group plans TBA futures; Hertz ABS upgraded thanks to change involving Teslas. 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