Cart

Inside MBS & ABS

May 16, 2024

View Archived Issues

Bank MBS Holdings Under Valuation Pressure in 1Q24

Wells Fargo was the only top-tier bank to boost its residential MBS portfolio in the first quarter, including a significant increase in its Ginnie pass-throughs. (Includes two data tables.) Read More

FSOC Seeks Congressional Action to Boost Ginnie PTAP

Congress should consider legislation to allow Ginnie Mae to expand its pass-through assistance program to give nonbanks a liquidity backstop, according to the Financial Stability Oversight Council. Read More

Investor Demand Strong for Non-Agency MBS

Investors can’t seem to get enough non-agency MBS. Issuance is booming and demand is expected to remain elevated thanks to the outlook for interest rates, among other factors. Read More

Money Manager Demand for Agency MBS Constrained

Money managers added to their holdings of agency MBS for the sixth consecutive quarter as of the first quarter of 2024. That might be the peak in their investments in agency MBS, according to industry analysts. Read More

Agency MBS Players Prep for Margin Requirements

The new requirements under FINRA 4210 will apply to trades in the to-be-announced market as well as other agency MBS positions. Read More

MBS Trades Pick Up Steam, Uncertainty Lingers on Rate Cut

MBS trading has improved as investors and traders weigh the landscape. One positive: a benign inflation reading this week. But is this a head fake before worse news appears? Read More

Ellington Sees Strong Demand for Expanded-Credit MBS

Ellington Financial plans to increase non-agency issuance. The real estate investment trust last month issued its first non-QM MBS in over a year. Read More

Delinquencies on Subprime Auto ABS Hit Record High

Delinquencies and losses on subprime auto ABS have been rising. Improved underwriting and inflation leveling out could help improve performance, according to industry analysts. Read More

Some New Competition Among MBS Trustees

Computershare recently started offering trustee services for MBS. Western Alliance was named as a trustee for a CLO deal. 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