Cart

Inside MBS & ABS

January 30, 2025

View Archived Issues

Refi/Reset Rockets CLO to Record Issuance in 2024

Refinance and reset activity accounted for 56% of the record $532 billion of CLO issued last year, including a number of deals restructured for the second or third time. (Includes two data tables.) Read More

Securitization of Home Equity Loans Slows in Fourth Quarter

Issuance of both closed-end second liens and home equity lines of credit declined in the fourth quarter. For the full year, securitization of home equity loans dwarfed 2023. (Includes two data tables.) Read More

Positive Outlook for Agency MBS Investors Given Fed Pause

Actions by the Federal Reserve are helping to reduce volatility in the agency MBS market. Investors are comfortable with current conditions, with supply and demand seen as being in balance. Read More

Analysts Skeptical of GSEs Leaving Conservatorship

Obstacles like how to deal with the implicit guarantee and excessively high capital requirements make it unlikely that the GSEs will exit conservatorship under Trump, though the chances are higher than before his election. Read More

Bayview Returns to Non-Agency MBS Market as Issuer

The MBS is stocked with investment-property mortgages eligible for sale to the GSEs. Bayview Asset Management last issued a non-agency MBS on its Oceanview shelf in October 2022. Read More

SoFi Sells Customized ABS to PGIM

The $525 million ABS backed by private loans was placed exclusively with funds and accounts managed by PGIM. Read More

Non-Agency REITs Remain Active in Debt Issuance

Mortgage real estate investment trusts can still sell unsecured notes to investors, but it’s not as cheap as it was a few years back. Read More

John Hancock Launches New ABS-Focused Fund

The fund will invest in subordinate asset tranches of 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