Cart

Inside MBS & ABS

December 1, 2022

View Archived Issues

REITs Report Small Gain in Residential MBS in 3Q22

Despite rising rates and volatility, mortgage REITs reported a small gain in their retained agency MBS holdings. The industry’s aggregate TBA position was lower, as was non-agency MBS investment. (Includes data chart.) Read More

S&P Holds Steady Lead in ABS Ratings, Kroll Hangs On

With rated issuance tumbling sharply in the third quarter, only Fitch managed to boost its ABS business, while DBRS was the only rating service to show a gain in non-agency MBS. (Includes two data charts.) Read More

Canadian-Owned Firm ID’d as Buyer of AO Loans

A nonbank can only hold underwater non-QMs for so long until a decision needs to be made. In the case of Angel Oak, it decided to sell roughly $350 million of product at a steep discount of 83 cents on the dollar. Read More

Industry Lauds SEC Relief on Disclosure Rule for MBS, ABS

The Securities and Exchange Commission has delayed implementation of a disclosure rule the industry feared would compromise the ability of many issuers to access the 144A market. Read More

A Contrarian Play Forming on DSCR Loans?

Investors are being quite choosy these days when it comes to debt service coverage loans. But perhaps that's a buying opportunity for those with a strong stomach. Read More

Lodging Per-Room Revenue Bounces Back, But Refi Troubles Loom

Despite a rebounding travel economy, some properties are still experiencing lower net cash flow and will likely be pinched by rising rates when it comes time to refinance. Read More

A $1.65B ABS Tied to Music Royalties Hits the Market

Concord’s music ABS includes royalties for more than one million songs from several top artists. Read More

Freddie Touts Impact of Green Bonds

Freddie Mac issued 84 green single-family mortgage-backed securities in 2021 that save 192,168 million BTUs of energy per year. Read More

MISMO Releases Template to Assist Bidding for MBS

The Mortgage Industry Standards Maintenance Organization has released a standardized template to facilitate the bidding process for MBS between mortgage originators and dealers for Bids Wanted in Competition. 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