https://www.insidemortgagefinance.com/rss en-us bivey@imfpubs.com SFA and other trade groups are seeking major changes to the re-proposed bank capital requirements. MBA raised concerns that non-agency MBS would receive more favorable capital treatment than GSE MBS. http://www.insidemortgagefinance.com/articles/237839 Thu, 25 Jun 2026 16:24:43 -0400 https://www.insidemortgagefinance.com/articles/237839-securitization-players-seek-changes-to-capital-proposal dhollier@imfpubs.com A property law expert said securitizing real property interests encourages home price inflation. http://www.insidemortgagefinance.com/articles/237830 Thu, 25 Jun 2026 16:12:00 -0400 https://www.insidemortgagefinance.com/articles/237830-the-case-against-mbs jbancroft@imfpubs.com Annaly Capital Management slipped to second in REIT agency MBS investors as it diversifies into MSR and non-agency. AGNC Investment rose to the top, focused almost exclusively on agency MBS. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/237692 Thu, 11 Jun 2026 17:08:00 -0400 https://www.insidemortgagefinance.com/articles/237692-reits-boost-mbs-holdings-agnc-rises-to-top-ranking jdohnert@imfpubs.com The automated AI trade included a $3 million to-be-announced deal that went to a competitive auction across all dealers, and two $500,000 trades that were routed to dealers selected by Pike Creek Mortgage. http://www.insidemortgagefinance.com/articles/237725 Thu, 11 Jun 2026 17:04:00 -0400 https://www.insidemortgagefinance.com/articles/237725-mct-leverages-ai-to-execute-tba-trades bivey@imfpubs.com GSE MBS investors were frustrated with limited communication from the Trump administration even before FHFA Director Bill Pulte was named acting director of national intelligence this week. The appointment prompted more speculation about the future of the GSEs. http://www.insidemortgagefinance.com/articles/237666 Thu, 04 Jun 2026 18:07:00 -0400 https://www.insidemortgagefinance.com/articles/237666-gse-mbs-investors-looking-for-guidance-from-trump dhollier@imfpubs.com The voluntary scope aims to standardize practices among due diligence reviewers and also prevent a “race to the bottom.” http://www.insidemortgagefinance.com/articles/237577 Thu, 28 May 2026 16:08:39 -0400 https://www.insidemortgagefinance.com/articles/237577-sfa-simplifies-trid-compliance-review-for-home-equity-loans dhollier@imfpubs.com A Federal Reserve economist estimates that a one-percentage-point steepening of the yield curve reduces the spread between mortgages and the 10-year Treasury yield by 40 basis points. http://www.insidemortgagefinance.com/articles/237579 Thu, 28 May 2026 16:00:56 -0400 https://www.insidemortgagefinance.com/articles/237579-the-mechanics-of-mortgage-spreads dhollier@imfpubs.com MBS investors are likely to charge a pay-up for securities backed by mortgages underwritten with VantageScore — at least until they’re confident prepayment speeds won’t accelerate. http://www.insidemortgagefinance.com/articles/237549 Thu, 21 May 2026 16:43:58 -0400 https://www.insidemortgagefinance.com/articles/237549-secondary-market-implications-of-new-credit-scores jbancroft@imfpubs.com Some large banks repositioned their portfolios to favor Ginnie pass-throughs during the first quarter of 2026, and several regional banks closed mergers that grew their MBS holdings. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/237516 Thu, 21 May 2026 16:42:29 -0400 https://www.insidemortgagefinance.com/articles/237516-bank-mbs-holdings-rise-in-1q26-investors-like-gnma dhollier@imfpubs.com New Fed Chair Kevin Warsh has long criticized the size of the Fed’s balance sheet, in particular, its massive holdings of agency MBS. http://www.insidemortgagefinance.com/articles/237539 Thu, 21 May 2026 16:25:29 -0400 https://www.insidemortgagefinance.com/articles/237539-what-does-warsh-mean-for-the-mbs-market bivey@imfpubs.com Some large servicers are using securitizations for MSR financing while mid-size and smaller servicers stick with bilateral agreements. http://www.insidemortgagefinance.com/articles/237422 Thu, 07 May 2026 16:27:25 -0400 https://www.insidemortgagefinance.com/articles/237422-msr-financing-trends-vary-by-servicer-size dhollier@imfpubs.com Policies put in place during the pandemic prevent many small banks and credit unions from selling small-balance loans to the GSEs, which constrains mortgage lending in rural and low-income communities. http://www.insidemortgagefinance.com/articles/237415 Thu, 07 May 2026 16:25:29 -0400 https://www.insidemortgagefinance.com/articles/237415-how-the-gses-can-boost-sbls dhollier@imfpubs.com For MBS investors, the biggest complication in the GSEs’ implementation of VantageScore 4.0 is likely loan-level pricing adjustments. http://www.insidemortgagefinance.com/articles/237332 Thu, 30 Apr 2026 17:50:35 -0400 https://www.insidemortgagefinance.com/articles/237332-vantagescore-impact-on-mbs-market-likely-minimal bivey@imfpubs.com The value of agency MBS declined sharply following the start of the war with Iran. More recently, volatility has declined, prompting some major agency MBS investors to see continued promise in the assets. http://www.insidemortgagefinance.com/articles/237283 Thu, 23 Apr 2026 16:12:30 -0400 https://www.insidemortgagefinance.com/articles/237283-agency-mbs-investors-looking-past-iran-volatility bivey@imfpubs.com Fannie Mae and Freddie Mac appear to be buying more MBS at times when spreads widen. They’re also hedging the purchases with interest rate swaps, according to industry participants. http://www.insidemortgagefinance.com/articles/237295 Thu, 23 Apr 2026 16:09:33 -0400 https://www.insidemortgagefinance.com/articles/237295-gses-seen-as-opportunistic-buyers-of-agency-mbs dhollier@imfpubs.com The Treasury Market Practices Group released a white paper identifying how a change in the ownership structure of Fannie Mae and Freddie Mac could impact the broader financial markets. http://www.insidemortgagefinance.com/articles/237199 Thu, 16 Apr 2026 16:06:51 -0400 https://www.insidemortgagefinance.com/articles/237199-federal-reserve-group-weighs-risks-of-gse-reform dhollier@imfpubs.com Combining machine learning techniques with more traditional accounting is making it possible to predict both whether a loan will prepay and when. http://www.insidemortgagefinance.com/articles/237170 Thu, 16 Apr 2026 16:02:28 -0400 https://www.insidemortgagefinance.com/articles/237170-modeling-prepayment-risk-with-ml dhollier@imfpubs.com One of the GSEs has quietly issued an MBS comprised of loans underwritten using VantageScore 4.0. http://www.insidemortgagefinance.com/articles/237053 Thu, 26 Mar 2026 16:58:18 -0400 https://www.insidemortgagefinance.com/articles/237053-vantagescore-ceo-confirms-mbs-rumor jbancroft@imfpubs.com While depository institutions and the central bank scaled back their MBS holdings during the fourth quarter, money managers, life insurance companies and the GSEs ramped up their portfolios. (Includes three data tables.) http://www.insidemortgagefinance.com/articles/236993 Thu, 19 Mar 2026 17:11:46 -0400 https://www.insidemortgagefinance.com/articles/236993-plenty-of-investors-ready-to-cover-feds-mbs-retreat dhollier@imfpubs.com Since the Iran war started, interest rates have returned to where they were when President Trump directed the GSEs to purchase $200 billion in MBS and most analysts say GSE reform is now off the table. http://www.insidemortgagefinance.com/articles/236970 Thu, 19 Mar 2026 17:10:47 -0400 https://www.insidemortgagefinance.com/articles/236970-mbs-analysts-weigh-impact-of-war dhollier@imfpubs.com Since the U.S. initiated strikes on Iran, mortgage rates and MBS spreads have given up all the ground they gained from the Trump administration’s directive for the GSEs to purchase $200 billion in agency MBS. http://www.insidemortgagefinance.com/articles/236922 Thu, 12 Mar 2026 16:41:32 -0400 https://www.insidemortgagefinance.com/articles/236922-mortgage-market-reacts-to-war-with-iran jbancroft@imfpubs.com Most mortgage REITs took advantage of strong MBS fundamentals to increase their agency holdings in the fourth quarter. While some REITs are drawn to the surging non-QM sector, industry holdings of non-agency MBS fell last year. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/236882 Thu, 12 Mar 2026 16:40:00 -0400 https://www.insidemortgagefinance.com/articles/236882-reit-mbs-holdings-still-growing-as-2025-closes dhollier@imfpubs.com The potential rule change would allow banks to redesignate MBS holdings from held-to-maturity to available-for-sale. http://www.insidemortgagefinance.com/articles/236916 Thu, 12 Mar 2026 16:39:35 -0400 https://www.insidemortgagefinance.com/articles/236916-fasb-to-allow-hedging-of-held-to-maturity-portfolios jbancroft@imfpubs.com The top four bank investors in residential MBS reported a combined $16.5 billion decline in their portfolios during the fourth quarter, with most of the drop coming in GSE pass-throughs. (Includes two data tables.) http://www.insidemortgagefinance.com/articles/236690 Thu, 19 Feb 2026 16:00:00 -0500 https://www.insidemortgagefinance.com/articles/236690-banks-shed-residential-mbs-holdings-in-fourth-quarter bivey@imfpubs.com Pending proposals from the Fed would impact MBS market; Moody’s looks to rate securitizations of home equity loans. http://www.insidemortgagefinance.com/articles/236713 Thu, 19 Feb 2026 15:49:56 -0500 https://www.insidemortgagefinance.com/articles/236713-grapevine-fed-plans-mortgage-proposals-moodys-eyes-second-liens bivey@imfpubs.com Republicans are poised to introduce a bill that would codify reforms of the GSEs that have been completed administratively. The bill would also establish a utility model framework for Fannie Mae and Freddie Mac and alter how calculations are made to annual changes in loan limits. http://www.insidemortgagefinance.com/articles/236660 Thu, 12 Feb 2026 16:39:36 -0500 https://www.insidemortgagefinance.com/articles/236660-republicans-in-house-working-on-gse-reform-bill dhollier@imfpubs.com Fannie Mae and Freddie Mac appear to be using aggressive pricing at the cash window to boost whole loan purchases, then retaining the most attractive coupons. http://www.insidemortgagefinance.com/articles/236665 Thu, 12 Feb 2026 16:38:37 -0500 https://www.insidemortgagefinance.com/articles/236665-whats-happening-at-the-cash-window dhollier@imfpubs.com FHFA quietly increased the cap on the GSEs’ holdings of agency MBS from $40 billion apiece to $225 billion. That’s the same as the cap on their entire retained mortgage portfolios. http://www.insidemortgagefinance.com/articles/236533 Thu, 29 Jan 2026 16:35:23 -0500 https://www.insidemortgagefinance.com/articles/236533-impact-of-gses-mbs-purchases bivey@imfpubs.com Interest rate and spread volatility has declined in recent months. That’s leading to a reduction in potential returns from agency MBS along with a more stable investing environment. http://www.insidemortgagefinance.com/articles/236536 Thu, 29 Jan 2026 16:32:24 -0500 https://www.insidemortgagefinance.com/articles/236536-reit-agency-mbs-investors-comfortable-with-market bivey@imfpubs.com WaFd Bank replacing whole-loan holdings with MBS; solar ABS on downgrade watch; dv01 expands into credit card ABS. http://www.insidemortgagefinance.com/articles/236452 Thu, 22 Jan 2026 15:38:03 -0500 https://www.insidemortgagefinance.com/articles/236452-grapevine-bank-shifting-loan-holdings-to-mbs-solar-abs-under-pressure