June 6, 2025 | Inside Mortgage Finance

Agency Refinance Volume Keeps Rising, GSEs Gaining

Ginnie Mae saw the biggest gain in rate-term refinance volume in May, but Freddie Mac and Fannie Mae posted larger increases in overall single-family MBS issuance. (Includes two data tables.) Read More

GSE Reform Messaging Prompting Some Exhales

In the wake of Trump’s social media posts pledging to retain the implicit guarantee for GSE MBS, industry analysts see signs for support for the administration’s plans for GSE reform. Read More

Bank Loan-Backed CLO Portfolios Decline Again in 1Q25

JPMorgan Chase remained the top bank investor in CLO at the end of the first quarter of 2025, though its portfolio was down 10% from the prior period. (Includes data table.) Read More

U.S. Bank to Issue Its First ABS Tied to Auto Loans

The auto loan ABS comes even as U.S. Bank scales back its auto lending and servicing. Read More

Dimon Predicts Problems for Bond Market, MBS Spreads

JPM chief Jamie Dimon warned the bond market could crack up one of these days because the White House seems to be ignoring America’s debt problem. Read More

Two Harbors Reserves Funds for Payment to Former Manager

Two Harbors booked a nearly $200 million contingency liability after a court ruled that the REIT improperly ended a contract with its one-time external manager. Read More

Maryland Rescinds Guidance on Mortgage Trust Licensing

The move followed the enactment of House Bill 1516, which exempts passive and government trusts from the licensing requirements. Read More

ABS Backed With Oldies Show Stable Performance

ABS tied to royalties from older music exhibit more stable performance than recent releases, according to KBRA. Read More

Grapevine: Non-Agency Servicers Eye Advance Standard; Bank CRT

Stop-advance standard for non-agency MBS under consideration; EJF Capital works with Third Coast Bank on another CRT; MISMO proposes standards for electronic HELOCs. Read More

Inside MBS & ABS

June 5, 2025

View Archived Issues

Agency Refinance Volume Keeps Rising, GSEs Gaining

GSE Reform Messaging Prompting Some Exhales

Bank Loan-Backed CLO Portfolios Decline Again in 1Q25

U.S. Bank to Issue Its First ABS Tied to Auto Loans

Dimon Predicts Problems for Bond Market, MBS Spreads

Two Harbors Reserves Funds for Payment to Former Manager

Maryland Rescinds Guidance on Mortgage Trust Licensing

ABS Backed With Oldies Show Stable Performance

Grapevine: Non-Agency Servicers Eye Advance Standard; Bank CRT

Latest Imf News

GSE Deliveries by Top Players Decline in November

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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

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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

June 5, 2025

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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?