https://www.insidemortgagefinance.com/rss en-us bivey@imfpubs.com As interest rates increase, the value of outstanding expanded-credit MBS declines. Investors are responding by demanding higher spreads for new issuance, putting pressure on issuers. http://www.insidemortgagefinance.com/articles/238882 Thu, 22 Oct 2026 16:19:45 -0400 https://www.insidemortgagefinance.com/articles/238882-mixed-views-among-investors-in-expanded-credit-mbs dhollier@imfpubs.com In a high-rate environment, debt service coverage ratios determine the size of an agency refinance. Those loans may not be large enough to cover the inflation-driven debt of many multifamily properties. http://www.insidemortgagefinance.com/articles/238761 Thu, 08 Oct 2026 15:54:15 -0400 https://www.insidemortgagefinance.com/articles/238761-gses-lose-mf-share-to-cmbs-and-banks bivey@imfpubs.com Interest rates on mortgages increased steadily throughout the second quarter, diminishing demand among non-agency MBS investors to some extent. (Includes data table.) http://www.insidemortgagefinance.com/articles/238686 Thu, 01 Oct 2026 16:45:18 -0400 https://www.insidemortgagefinance.com/articles/238686-non-agency-securitization-rate-declines-in-2q bivey@imfpubs.com A working group at the National Association of Insurance Commissioners proposed harsh treatment of multi-collateral structured credit investments at insurance companies. http://www.insidemortgagefinance.com/articles/238627 Thu, 24 Sep 2026 15:57:51 -0400 https://www.insidemortgagefinance.com/articles/238627-naic-scrutinizing-insurers-multi-collateral-investments dhollier@imfpubs.com Mortgage industry analysts ponder the impact of new Fannie Mae and Freddie Mac disclosures on the MBS and credit-risk transfer markets. http://www.insidemortgagefinance.com/articles/238549 Thu, 17 Sep 2026 17:32:14 -0400 https://www.insidemortgagefinance.com/articles/238549-gses-disclose-their-proprietary-credit-scores 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 jdohnert@imfpubs.com Investors see expanded-credit MBS as a safer bet than consumer ABS and CLO deals. http://www.insidemortgagefinance.com/articles/237835 Thu, 25 Jun 2026 16:18:49 -0400 https://www.insidemortgagefinance.com/articles/237835-non-qm-mbs-seen-as-alternative-to-more-volatile-securities bivey@imfpubs.com The yield curve is helping to drive up demand for non-agency MBS. And rising delinquencies aren’t much of a concern for investors. http://www.insidemortgagefinance.com/articles/237717 Thu, 11 Jun 2026 17:07:00 -0400 https://www.insidemortgagefinance.com/articles/237717-demand-for-non-agency-mbs-exceptionally-strong bivey@imfpubs.com Investors aren’t tiering issuers/deals, fraud is a risk with cash-out DSCR mortgages, jumbos in expanded-credit MBS prepay faster than traditional expanded-credit mortgages and investors are getting aggressive with bids for GSE-eligible mortgages. http://www.insidemortgagefinance.com/articles/237720 Thu, 11 Jun 2026 17:03:00 -0400 https://www.insidemortgagefinance.com/articles/237720-some-risks-seen-in-non-agency-market bivey@imfpubs.com Sylvain Raynes, the new lead of the structured finance practice at Egan-Jones Ratings Company, warned that MBS and ABS investors are losing money if they’re relying on fairly static ratings from other firms. http://www.insidemortgagefinance.com/articles/237659 Thu, 04 Jun 2026 18:04:00 -0400 https://www.insidemortgagefinance.com/articles/237659-egan-jones-abs-rating-head-critical-of-ratings 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 jdohnert@imfpubs.com The rapid rise in investor interest for home equity loan securitizations has drawn parallels to the rise of non-QM MBS post the 2008 crisis. http://www.insidemortgagefinance.com/articles/237156 Thu, 09 Apr 2026 16:22:15 -0400 https://www.insidemortgagefinance.com/articles/237156-investor-interest-in-hel-mbs-mirrors-early-days-of-non-agency-20 jdohnert@imfpubs.com Home equity investment securitization deal sizes increased with issuance in November and activity is expected to remain elevated in 2026 thanks to strong demand from investors. http://www.insidemortgagefinance.com/articles/236078 Thu, 04 Dec 2025 16:29:06 -0500 https://www.insidemortgagefinance.com/articles/236078-hei-deal-sizes-are-growing-due-to-strong-demand bivey@imfpubs.com Non-agency MBS issuance is up sharply this year and is expected to rise again in 2026. Delinquencies on the loans are increasing but investors are counting on cushions from home equity to help prevent losses. http://www.insidemortgagefinance.com/articles/235765 Thu, 30 Oct 2025 16:28:13 -0400 https://www.insidemortgagefinance.com/articles/235765-investor-demand-helping-to-propel-non-agency-mbs bivey@imfpubs.com SEC is looking to revise disclosure requirements to boost issuance of publicly-registered deals. Investors see some positives in private placements, which might not be easy to replicate in the public market. http://www.insidemortgagefinance.com/articles/235777 Thu, 30 Oct 2025 16:27:15 -0400 https://www.insidemortgagefinance.com/articles/235777-abs-players-consider-benefits-of-public-securitizations bivey@imfpubs.com Residuals from securitizations can generate close to 20% in returns though the asset class carries significant risks. Nonbanks are showing a strong appetite for the asset, but there is limited liquidity. http://www.insidemortgagefinance.com/articles/235550 Thu, 09 Oct 2025 17:20:36 -0400 https://www.insidemortgagefinance.com/articles/235550-investors-seeing-high-returns-in-residual-pieces bivey@imfpubs.com Revisions to disclosure requirements could prompt the issuance of publicly-registered non-agency MBS, which could eventually lead to additional demand from investors. http://www.insidemortgagefinance.com/articles/235437 Thu, 25 Sep 2025 16:20:50 -0400 https://www.insidemortgagefinance.com/articles/235437-non-agency-mbs-issuers-open-to-reg-ab2-reforms bivey@imfpubs.com The structure helps issuers extend prefunding and investment periods beyond the 90-day limitation that applies to traditional real estate mortgage investment conduits. http://www.insidemortgagefinance.com/articles/235350 Thu, 18 Sep 2025 16:26:42 -0400 https://www.insidemortgagefinance.com/articles/235350-pancake-remit-structure-offered-for-residential-mbs bivey@imfpubs.com JPMorgan Chase is marketing a prime non-agency MBS with a payment structure typically only used with expanded-credit MBS. Fitch applauded the move. http://www.insidemortgagefinance.com/articles/234070 Thu, 24 Apr 2025 16:06:35 -0400 https://www.insidemortgagefinance.com/articles/234070-chase-brings-new-structure-to-prime-non-agency-mbs bivey@imfpubs.com MBS exempt from Maryland licensing requirements after all; Progress Residential scraps planned single-family rental securitization; ICE offers anonymous requests-for-quote for MBS sales. http://www.insidemortgagefinance.com/articles/234087 Thu, 24 Apr 2025 16:03:58 -0400 https://www.insidemortgagefinance.com/articles/234087-grapevine-maryland-licensing-exemption-sfr-securitization-pulled bivey@imfpubs.com Reps. Ann Wagner, R-MO, and Brad Sherman, D-CA, raised concerns of the securitization industry with Federal Reserve Chair Jerome Powell. They aim to influence a proposal to implement changes to capital requirements for large banks. http://www.insidemortgagefinance.com/articles/233910 Thu, 03 Apr 2025 17:00:13 -0400 https://www.insidemortgagefinance.com/articles/233910-members-of-congress-press-powell-on-securitization bivey@imfpubs.com Demand for MBS/ABS remains high, helped by interest rate trends. But President Trump is a wildcard, prompting some caution among investors. http://www.insidemortgagefinance.com/articles/233574 Thu, 27 Feb 2025 16:50:30 -0500 https://www.insidemortgagefinance.com/articles/233574-abs-market-sees-strong-demand-uncertainty bivey@imfpubs.com Attendance at the ABS East conference hit another record this week, with investors showing strong demand for structured finance products. Issuance is expected to remain elevated, helped by interest rate moves. http://www.insidemortgagefinance.com/articles/232493 Thu, 24 Oct 2024 16:19:25 -0400 https://www.insidemortgagefinance.com/articles/232493-mbs-and-abs-investors-largely-positive-amid-boom bivey@imfpubs.com Issuance of MBS with non-qualified mortgages is growing even as insurance companies increase their purchases of non-QMs as whole loans. Investor demand for the products looks likely to remain strong. http://www.insidemortgagefinance.com/articles/232476 Thu, 24 Oct 2024 16:17:27 -0400 https://www.insidemortgagefinance.com/articles/232476-investors-happy-with-non-qms-whole-loans-or-mbs bivey@imfpubs.com Non-agency MBS issuers typically ensure properties in the deal are damage free. That standard can be difficult to achieve if a hurricane strikes while the deal is still in the works. http://www.insidemortgagefinance.com/articles/232329 Thu, 10 Oct 2024 16:12:00 -0400 https://www.insidemortgagefinance.com/articles/232329-non-agency-mbs-face-complications-from-hurricanes bivey@imfpubs.com FINRA received approval from the SEC to shorten reporting requirements for most trades of MBS and ABS from within 15 minutes to within one minute of a deal having transpired. http://www.insidemortgagefinance.com/articles/232234 Thu, 26 Sep 2024 16:31:21 -0400 https://www.insidemortgagefinance.com/articles/232234-sec-approves-finra-proposal-on-mbs-reporting bivey@imfpubs.com SFA restarted its RMBS Symposium event this week, with an agenda driven by issues under consideration at committees and task forces within the association. http://www.insidemortgagefinance.com/articles/232164 Thu, 19 Sep 2024 16:24:58 -0400 https://www.insidemortgagefinance.com/articles/232164-sfa-working-on-issues-in-residential-mbs-market bivey@imfpubs.com A task force at the National Association of Insurance Commissioners recommended adoption of a proposal to alter credit ratings on investments at insurance companies. However, NAIC didn’t move forward with the proposal at a meeting last week. http://www.insidemortgagefinance.com/articles/231905 Thu, 22 Aug 2024 16:53:47 -0400 https://www.insidemortgagefinance.com/articles/231905-naic-proposal-on-credit-rating-alteration-stalls dhollier@imfpubs.com Researchers show that an increase in uncertainty about the Fed’s balance sheet policy boosts the yield on long-term Treasuries and increases the duration of non-agency MBS. http://www.insidemortgagefinance.com/articles/231767 Thu, 08 Aug 2024 16:51:38 -0400 https://www.insidemortgagefinance.com/articles/231767-balance-sheet-policy-and-the-market bivey@imfpubs.com The non-agency market could gain from a reduction in GSE loan limits, revision in capital requirements for banks and updated requirements for publicly registered securitizations. http://www.insidemortgagefinance.com/articles/231590 Thu, 18 Jul 2024 16:46:09 -0400 https://www.insidemortgagefinance.com/articles/231590-government-has-options-for-boosting-non-agency-mbs