MBS Investors

Browse articles from all of our Newsletters related to MBS Investors.

February 22, 2019 - Inside MBS & ABS

Mortgage-Investing REITs Pony Up to the Stock Bar

Through the first two months of 2019, the nation’s mortgage-investing real estate investment trusts have rolled out plans to raise a combined $1.92 billion by selling additional shares of common to the public, according to offering documents filed with the Securities and Ex-change Commission.


February 22, 2019 - Inside MBS & ABS

Banks Stock Up on Fannie/Freddie MBS as 2018 Ends

Commercial banks and thrifts reversed a year-long trend during the fourth quarter of 2018 and increased their holdings of single-family MBS, a new Inside MBS & ABS analysis reveals.


February 15, 2019 - Inside Nonconforming Markets

Non-QM MBS Issuance, Investing Attractive to REITs

Mortgage-backed securities with non-qualified mortgages look attractive to some real estate investment trusts. PennyMac Mortgage Investment Trust plans to join other REITs issuing non-QM MBS while officials at Chimera Investment said the firm is considering buying non-QM MBS from other issuers. In January, PennyMac Financial Services started a non-QM program through its correspondent originations channel. Stan Kurland, executive chairman of PMIT, a REIT affiliated ...


February 15, 2019 - Inside MBS & ABS

Taiwanese Firm Buys a Stake In Mortgage REIT New Rez

New Residential Investment Corp., one of the fastest growing mortgage real estate investment trusts in the U.S., has an overseas fan in Nan Shan Life Insurance Co. of Taipei City, Taiwan.


February 8, 2019 - Inside The GSEs

Will the Fed Continue Run Off of Agency MBS?

After a year and a half of following its carefully scripted plan to normalize its balance sheet and return to good, old-fashioned monetary policy, the Federal Reserve muddied the waters at last week’s meeting of the Federal Open Markets Committee.


February 8, 2019 - Inside MBS & ABS

Securitization Grapevine

Hyundai; AGNC Mortgage Management...


February 8, 2019 - Inside MBS & ABS

Sources: Elliott Eyeing Non-QM Securitizer Deephaven

Elliott Management Corp., considered one of the largest activist funds in the world, is eyeing non-qualified mortgage securitizer Deephaven Mortgage for a possible acquisition, sources familiar with the matter told Inside MBS & ABS.


February 8, 2019 - Inside MBS & ABS

Redwood Trust Announces $78 Million Freddie Deal

In a bid to expand its access to rental housing credit, Redwood Trust last week announced plans to partner on a deal to acquire up to $1 billion in whole loans from Freddie Mac.


February 8, 2019 - Inside MBS & ABS

Agency MBS Production Fell Modestly in Early 2019

New production of single-family MBS started the new year on a downbeat, with combined issuance by Fannie Mae, Freddie Mac and Ginnie Mae slipping to $80.72 billion in January, ac-cording to a new Inside MBS & ABS ranking and analysis. [Includes two data charts.]


February 1, 2019 - Inside MBS & ABS

Concerns About GSE Reform and MBS Buyers

Depending on what type of Fannie Mae/Freddie Mac reform occurs in the next few years, there’s a growing concern in the market that foreign investors — and others — may shy away from their MBS unless there’s an explicit guarantee on the securities.


February 1, 2019 - Inside MBS & ABS

Nonbanks Amassed Large MBS Market Share in 2018

Nonbank mortgage operations continued their assault on the agency MBS market in 2018, increasing their penetration in both new issuance and servicing. [Includes two data charts.]


January 18, 2019 - Inside FHA/VA Lending

Bright’s Hasty Exit Leaves a Vacuum at Ginnie Mae

Ginnie Mae has reached the halfway mark of President Trump’s first term without a permanent leader and appears likely to remain so until after the 2020 presidential election.


January 18, 2019 - Inside Nonconforming Markets

NewRez MBS Flush with Loans to Self-Employed

The expansion-minded New Residential Investment Corp., New York, seems to have a thing for self-employed borrowers: Most of its recent non-agency MBS deals are stuffed with the product.


January 18, 2019 - Inside MBS & ABS

Fed to Cut Agency MBS — What it Means for Market

The Federal Reserve will continue to unwind its massive $4 trillion portfolio — $2.2 trillion in Treasuries, $1.64 trillion in agency MBS, and agency debt. This, Federal Reserve Chair Jerome Powell told financier David Rubenstein in a public forum at the Economics Club of Washington last week. Left unsaid is what this will mean for the agency MBS market.


January 11, 2019 - Inside The GSEs

Freddie Unveils New Vehicle for Credit Risk Transfer

Freddie Mac last week announced the creation of its latest vehicle for credit risk transfer — the Multifamily Credit Insurance Pool.


January 11, 2019 - Inside MBS & ABS

Annaly Taps Equity Market Again, This Time for $731M

Annaly Capital Management, the largest MBS investing real estate investment trust in the country, is off to a fast start in 2019, unveiling yet another offering of common stock — this one valued at $731.0 million.


January 11, 2019 - Inside MBS & ABS

Non-Agency MBS Issuance Faded in Fourth Quarter

Production of new non-agency MBS fell sharply in the fourth quarter, ending a year that still set a post-crisis record for new issuance. [Includes three data charts.]


Poll

Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.

53%

Time for a change. Borrowers are different today.

35%

Undecided, still assessing the situation.

12%