Cart

Inside MBS & ABS

October 6, 2022

View Archived Issues

Structured Finance Issuance Felled by Rates, Uncertainty

Agency single-family MBS production continued to erode in the third quarter despite a modest pickup in purchase loans. Meanwhile, issuance fell sharply in the commercial MBS and ABS markets. (Includes three data charts.) Read More

Ginnie Aiming to Increase Stability, Limit Disruptions

Ginnie Mae believes the year-plus implementation period should give potentially affected issuers enough time to plan and execute strategies for coming into compliance its new risk-based capital requirements. Read More

A Freddie CRT Tender Offer With a Twist: Below-Par Bid

For the first time, Freddie Mac is attempting to buy back certain uneconomical STACRs without offering a premium. Read More

A Tough Environment for Mortgage REITs

Investors tend to buy mortgage REIT stocks for the dividends they pay. But the sector, overall, has suffered this year, thanks in part to the widening spread between Treasuries and MBS. Read More

Mixed Outlook for MBS and ABS Amid Inflation

The cocktail of recessionary risk and inflation is putting pressure on the performance of MBS and ABS. Some sectors will perform better than others. Read More

Auto ABS Performance Declining Following Pandemic Disruption

Delinquencies on auto ABS are now above pre-pandemic levels, while losses are approaching the same threshold. Still, rating services aren’t too concerned, noting used vehicle prices and unemployment levels. Read More

Collateralized Fund Obligations an Alternative to CLOs

Private equity investors are turning to collateralized fund obligations, which include some features from the collateralized loan obligation sector. KBRA rated its first CFO last week. Read More

Grapevine: Hurricane Ian’s Impact; Private Student Loans and ABS

Initial estimates on Hurricane Ian-related losses; Biden administration limits student loan forgiveness on loans in ABS; Credit Suisse’s financial difficulties trickle down to an ABS. 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