Description+goes+here https://www.insidemortgagefinance.com/rss en-us bivey@imfpubs.com A proposal to revise Basel capital requirements for banks included some provisions that could have a negative impact on credit-risk transfer activity, according to industry participants. http://www.insidemortgagefinance.com/articles/237945 Thu, 09 Jul 2026 16:28:58 -0400 https://www.insidemortgagefinance.com/articles/237945-banks-seek-changes-to-proposal-on-crt-capital dhollier@imfpubs.com Urban Institute researchers say the mortgage industry will experience slightly better capital treatment as a result of the changes to the Basel III Endgame, but they recommend some improvements. http://www.insidemortgagefinance.com/articles/237787 Thu, 18 Jun 2026 11:06:00 -0400 https://www.insidemortgagefinance.com/articles/237787-rejiggering-the-basel-re-proposal dhollier@imfpubs.com Economists note that the pricing of mortgage credit risk depends not only on the quality of the underlying mortgages but also on who ultimately bears that risk. http://www.insidemortgagefinance.com/articles/237776 Thu, 18 Jun 2026 11:03:00 -0400 https://www.insidemortgagefinance.com/articles/237776-mutual-fund-investment-in-crt-reduces-spreads bivey@imfpubs.com Fannie Mae and Freddie Mac each issued two CRT transactions during the first quarter of 2026, including deals in March amid broader economic volatility. (Includes data table.) http://www.insidemortgagefinance.com/articles/237467 Thu, 14 May 2026 14:41:01 -0400 https://www.insidemortgagefinance.com/articles/237467-gses-increase-crt-issuance-in-1q-despite-headwinds dhollier@imfpubs.com Democrats questioned the risk-management effects of CRT at Fannie Mae and Freddie Mac under FHFA Director Bill Pulte. http://www.insidemortgagefinance.com/articles/237294 Thu, 23 Apr 2026 16:06:38 -0400 https://www.insidemortgagefinance.com/articles/237294-lawmakers-endorse-crt-with-some-caveats bivey@imfpubs.com The revised proposals would reduce capital requirements for banks, both for MBS holdings and whole loans in portfolio. The change would provide incentives for banks to retain more originations in portfolio. http://www.insidemortgagefinance.com/articles/237023 Thu, 26 Mar 2026 17:00:13 -0400 https://www.insidemortgagefinance.com/articles/237023-bank-capital-reforms-could-limit-supply-of-mbs bivey@imfpubs.com The $562.5 million offering is linked to a pool of loans with a total unpaid principal balance of $5.0 billion. http://www.insidemortgagefinance.com/articles/236923 Thu, 12 Mar 2026 16:29:45 -0400 https://www.insidemortgagefinance.com/articles/236923-us-bank-offers-crt-tied-to-loans-for-rvs-boats dhollier@imfpubs.com Credit-risk transfer activities at the GSEs — including both CAS/STACR note issuance and CIRT/ACIS reinsurance purchases — reached some of the lowest levels since the programs were founded in 2013. (Includes data table.) http://www.insidemortgagefinance.com/articles/236781 Thu, 26 Feb 2026 16:44:53 -0500 https://www.insidemortgagefinance.com/articles/236781-crt-continues-to-sputter-at-the-gses bivey@imfpubs.com As bank issuance of CRT deals increase, additional regulations and disclosure requirements are under consideration. http://www.insidemortgagefinance.com/articles/236763 Thu, 26 Feb 2026 16:41:00 -0500 https://www.insidemortgagefinance.com/articles/236763-bank-regulators-consider-crt-risks-disclosures bivey@imfpubs.com Ledn issues ABS backed by Bitcoin loans; fire at SFVegas prompts shift in exhibit hall; banks seek enhanced capital relief for CRTs; Fitch launches group for private ratings; Upstart sells auto loans to Bayview. http://www.insidemortgagefinance.com/articles/236792 Thu, 26 Feb 2026 16:39:04 -0500 https://www.insidemortgagefinance.com/articles/236792-grapevine-ledn-issues-bitcoin-loan-abs-fire-in-exhibit-hall-at-sfvegas dhollier@imfpubs.com Columbia University researchers dispute the conventional wisdom that says Fannie Mae and Freddie Mac dramatically overpay CRT investors. http://www.insidemortgagefinance.com/articles/236443 Thu, 22 Jan 2026 15:43:55 -0500 https://www.insidemortgagefinance.com/articles/236443-gses-price-crt-fairly bivey@imfpubs.com CFTC Provides No-Action Letter Tied to Bank CRTThe move reduces some regulatory ambiguity for banks that issue certain credit-risk transfer transactions. http://www.insidemortgagefinance.com/articles/236065 Thu, 04 Dec 2025 16:34:57 -0500 https://www.insidemortgagefinance.com/articles/236065-cftc-provides-no-action-letter-tied-to-bank-crt dhollier@imfpubs.com Fannie’s CAS and CIRT volumes fell sharply in the third quarter. Freddie STACR issuance was up from a weak second quarter, but ACIS volume was down 56.2%. (Includes data table.) http://www.insidemortgagefinance.com/articles/235896 Thu, 13 Nov 2025 16:16:32 -0500 https://www.insidemortgagefinance.com/articles/235896-gses-slash-crt-activities jdohnert@imfpubs.com Rising delinquencies on auto loans and recent bankruptcy filings by subprime auto lenders may have spooked some ABS investors. http://www.insidemortgagefinance.com/articles/235766 Thu, 30 Oct 2025 16:25:16 -0400 https://www.insidemortgagefinance.com/articles/235766-rising-auto-loan-dqs-generate-growing-risk-concerns-for-investors dhollier@imfpubs.com Researchers at S&P Global used the difference between Classic FICO scores and the scores of VantageScore 4.0 to assess the impact of trended data. http://www.insidemortgagefinance.com/articles/235684 Thu, 23 Oct 2025 16:03:03 -0400 https://www.insidemortgagefinance.com/articles/235684-using-crt-data-to-evaluate-credit-score-models jdohnert@imfpubs.com Low debt-to-income ratio levels and pool diversification should protect residential MBS investors from losses due to rising premiums for property insurance, according to Moody’s Ratings. http://www.insidemortgagefinance.com/articles/235639 Thu, 16 Oct 2025 17:26:25 -0400 https://www.insidemortgagefinance.com/articles/235639-rising-property-insurance-costs-unlikely-to-impact-mbs-investors jdohnert@imfpubs.com Federal Reserve guidance issued in 2023 has opened up depositories to issue more synthetic-risk transfer securitizations in a market that was historically dominated by European banks. http://www.insidemortgagefinance.com/articles/235576 Thu, 09 Oct 2025 17:09:51 -0400 https://www.insidemortgagefinance.com/articles/235576-us-banks-eye-srt-securitizations-for-capital-relief dhollier@imfpubs.com Credit-risk transfer activities at Fannie Mae and Freddie Mac wobbled in the second quarter after a modest increase in the first three months of 2025. Issuance fell for STACRs but not for CAS notes. (Includes data table.) http://www.insidemortgagefinance.com/articles/235127 Thu, 21 Aug 2025 14:38:42 -0400 https://www.insidemortgagefinance.com/articles/235127-gses-crt-issuance-ebbs-in-second-quarter jdohnert@imfpubs.com The partnership adds to the growing number of issuers who are working with third parties to offset capital requirements for risk retention. http://www.insidemortgagefinance.com/articles/235150 Thu, 21 Aug 2025 14:37:44 -0400 https://www.insidemortgagefinance.com/articles/235150-powerpay-nearwater-capital-team-on-risk-retention-financing dhollier@imfpubs.com To this point, Freddie has issued multifamily risk-sharing transactions without ratings. The Morningstar DBRS rating could open these multifamily CRT deals to institutions that only invest in rated transactions. http://www.insidemortgagefinance.com/articles/234761 Thu, 10 Jul 2025 16:39:08 -0400 https://www.insidemortgagefinance.com/articles/234761-freddies-first-rated-mscr-deal bivey@imfpubs.com Fannie will take the first losses on the transaction, with additional losses borne by Bayview and investors in the deal. That’s a change from the typical CRT from Fannie where a third-party like Bayview isn’t involved. http://www.insidemortgagefinance.com/articles/234596 Fri, 20 Jun 2025 09:21:00 -0400 https://www.insidemortgagefinance.com/articles/234596-fannie-partners-with-bayview-for-unique-crt-transaction bivey@imfpubs.com 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. http://www.insidemortgagefinance.com/articles/234476 Thu, 05 Jun 2025 16:33:40 -0400 https://www.insidemortgagefinance.com/articles/234476-grapevine-non-agency-servicers-ponder-advance-standard-bank-crt dhollier@imfpubs.com Fannie Mae and Freddie Mac both saw a significant increase in CRT issuance in the first quarter. Fannie also boosted credit-risk insurance purchases, but ACIS purchases were down at Freddie. (Includes data table.) http://www.insidemortgagefinance.com/articles/234321 Thu, 22 May 2025 16:06:18 -0400 https://www.insidemortgagefinance.com/articles/234321-credit-risk-transfers-pick-up-at-gses bivey@imfpubs.com A survey by Moody’s found that a relatively small share of banks have issued credit-risk transfer deals in recent years. http://www.insidemortgagefinance.com/articles/234276 Thu, 15 May 2025 16:14:26 -0400 https://www.insidemortgagefinance.com/articles/234276-us-bank-usage-of-crt-limited-to-this-point bivey@imfpubs.com Only a handful of banks with less than $25 billion in assets have completed CRT transactions. http://www.insidemortgagefinance.com/articles/233946 Thu, 10 Apr 2025 16:36:26 -0400 https://www.insidemortgagefinance.com/articles/233946-smaller-texas-bank-completes-commercial-loan-crt bivey@imfpubs.com If the GSEs are released from conservatorship, some participants in the agency MBS market insist the to-be-announced market, uniform MBS and Fannie/Freddie CRT activity should remain untouched. http://www.insidemortgagefinance.com/articles/233623 Thu, 06 Mar 2025 16:11:45 -0500 https://www.insidemortgagefinance.com/articles/233623-trump-urged-to-maintain-agency-mbs-stability bivey@imfpubs.com Public disclosure of credit-risk transfer issuance by banks is limited, but investor demand looks strong and activity is likely to increase. http://www.insidemortgagefinance.com/articles/233626 Thu, 06 Mar 2025 16:05:05 -0500 https://www.insidemortgagefinance.com/articles/233626-bank-issuance-of-crt-deals-expected-to-increase dhollier@imfpubs.com Trump’s nominee to head FHFA didn’t do anything to embarrass himself at his confirmation hearing this week, but he also didn’t demonstrate a deep understanding of housing finance. http://www.insidemortgagefinance.com/articles/233592 Thu, 27 Feb 2025 16:47:33 -0500 https://www.insidemortgagefinance.com/articles/233592-pulte-supports-the-gses-crt-programs dhollier@imfpubs.com Freddie Mac’s superior performance in 2024 was largely due to higher profits in its multifamily business. http://www.insidemortgagefinance.com/articles/233521 Thu, 20 Feb 2025 16:56:48 -0500 https://www.insidemortgagefinance.com/articles/233521-gse-2024-earnings-by-business-segment dhollier@imfpubs.com Combined issuance of Fannie Mae CAS and Freddie Mac STACRs came to $8.31 billion in 2024 — the lowest total since 2013, the year GSE CRT activity started. (Includes data table.) http://www.insidemortgagefinance.com/articles/233392 Thu, 06 Feb 2025 16:28:43 -0500 https://www.insidemortgagefinance.com/articles/233392-crt-activity-tanks-in-4q