October 18, 2024 | Inside Mortgage Finance

ABS Issuance Off Slightly in 3Q24, Still on Record Pace

The key vehicle ABS sector slowed in the third quarter and business-finance securitization stalled. But issuance in the first nine months of 2024 was up 22.9% from last year. (Includes three data tables.) Read More

Ginnie Considering Reforms for Nonbank Participants

Ginnie Mae must firm up plans to boost nonbank issuer liquidity for times of stress and set policies for transferring MSR in the event a large servicer exits the market, speakers said at a summit this week. Read More

Nonbank Liquidity Is an Ongoing Concern at Ginnie

Ginnie continues to grapple with the liquidity challenges that accompany the nonbanks that currently drive MBS issuance. Read More

Agency MBS Investors Face Uncertainty in Near Term

It’s getting difficult to project mortgage rates in the near term, putting pressure on agency MBS investors. Still, analysts at BofA Global Research maintain an overweight for holdings of agency MBS. Read More

Goldman Sees Investment Opportunities in MBS, ABS

Goldman Sachs analysts said investments in MBS and ABS are looking good heading into 2025. Read More

Investment Advisor Fined $80 Million for Overvaluation of CMOs

The SEC alleged Macquarie Investment Management Business Trust’s valuation practices for collateralized mortgage obligations violated the Investment Advisors Act and the Investment Company Act. Read More

GSEs Disclose Impact of Hurricanes on CRT

Early data from Fannie Mae and Freddie Mac suggest that, despite the one-two blow of Hurricanes Helene and Milton, the storms’ impact on GSE credit-risk transfer transactions is relatively modest. Read More

Home Improvement ABS Issuance Ratchets Up

Two home improvement ABS hit the market, one from a new issuer and one from a returning issuer. Read More

Grapevine: Variety of Non-Agency MBS; 30 Rock in CMBS

Hodgepodge of non-agency MBS; new commercial MBS tied to Rockefeller Center; limit-order option for lenders looking to sell into TBA MBS; Moody’s downgrades MBS issued by IndyMac in 1997. Read More

Inside MBS & ABS

October 17, 2024

View Archived Issues

ABS Issuance Off Slightly in 3Q24, Still on Record Pace

Ginnie Considering Reforms for Nonbank Participants

Nonbank Liquidity Is an Ongoing Concern at Ginnie

Agency MBS Investors Face Uncertainty in Near Term

Goldman Sees Investment Opportunities in MBS, ABS

Investment Advisor Fined $80 Million for Overvaluation of CMOs

GSEs Disclose Impact of Hurricanes on CRT

Home Improvement ABS Issuance Ratchets Up

Grapevine: Variety of Non-Agency MBS; 30 Rock in CMBS

Latest Imf News

GSE Deliveries by Top Players Decline in November

Fed’s Rate Cut Not Expected to Help Mortgages Much

GSEs Update Guidelines Tied to Fraud

SG Capital Partners Returns as Expanded-Credit MBS Issuer

Featured Data

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Nonbanks Post Small Drop in Mortgage-Banking Income

Bank MSR Portfolios Shrink Slightly, Valuation Strong

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (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

October 17, 2024

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