MBS, ABS Issuance

Browse articles from all of our Newsletters related to MBS, ABS Issuance.

February 15, 2019 - Inside MBS & ABS

Commercial MBS Market to Remain Buoyant in 2019

The commercial MBS market is expected to stay healthy this year due to sound underwriting standards and strong investor demand, said an analyst.


February 15, 2019 - Inside MBS & ABS

Securitization Rates Steady In 2018, Non-agency Rising

The overall mortgage securitization rate fell slightly in 2018, with 70.0% of home loans originated in the primary market ending up in MBS pools, according to an Inside MBS & ABS analysis.


February 15, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: February 15, 2019

MBS and ABS Issuance at a Glance


February 8, 2019 - Inside The GSEs

GSE Single-Family MBS Issuance Off to a Slow Start

Fannie Mae and Freddie Mac issued a combined total of just $51.86 billion of single-family mortgage-backed securities in January, their lowest monthly production since February 2016.


February 8, 2019 - Inside MBS & ABS

Marketplace Consumer Loan ABS Robust, says KBRA

Kroll Bond Rating Agency is optimistic about ABS backed by marketplace consumer loans in 2019, expecting relatively low credit risk.


February 8, 2019 - Inside MBS & ABS

Ginnie Approves Only 8 New Issuers in 2018; What Next?

Approval of new MBS issuers by Ginnie Mae fell drastically in 2018. Data provided by the agency showed that only eight out of 28 applications received last year were approved. In the year before, Ginnie approved 22 out of 31 applications.


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 8, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: February 8, 2019

MBS and ABS Issuance at a Glance


February 1, 2019 - Inside FHA/VA Lending

Around the Industry

HUD receives share in settlement under False Claim Act; Implementation date for EAD system postponed; Issuance of HMBS declines year over year.


February 1, 2019 - Inside FHA/VA Lending

Holiday Season Blunts Effect of Government Shutdown

The recent government shutdown had a minimal impact on mortgage lending activity partly due to its timing. The 35-day shutdown, which began on Dec. 22, coincided with the holiday season, which is typically a slow time for the housing market.


February 1, 2019 - Inside FHA/VA Lending

Third-Party Production Growing in FHA/VA

The FHA/VA market continued to lean more heavily on third-party loan producers in 2018, according to a new Inside FHA/VA Lending analysis of Ginnie Mae mortgage-backed securities data. [Includes four data charts.]


February 1, 2019 - Inside Nonconforming Markets

News Briefs

Seer Capital Management; Angel Oak Companies


February 1, 2019 - Inside Nonconforming Markets

Annaly Packs MBS with GSE-Eligible IP Loans

An affiliate of Annaly Capital Management this week issued a non-agency mortgage-backed security stocked with investment-property mortgages eligible for sale to the government-sponsored enterprises.


February 1, 2019 - Inside Nonconforming Markets

Quick Turn Time for Prolific Caliber Nonprime MBS

Lone Star Funds, an affiliate of Caliber Home Loans, is set to issue a nonprime mortgage-backed security with some of the least seasoned loans seen in a post-crisis deal.


February 1, 2019 - Inside Nonconforming Markets

Tighter Underwriting on Expanded-Credit MBS in 4Q

The loans included in expanded-credit mortgage-backed securities in the fourth quarter of 2018 had on average tighter underwriting than previous issuance. [Includes one data chart.]


February 1, 2019 - Inside MBS & ABS

Ginnie Mae Puts Pooling Curbs on loanDepot

Ginnie Mae late Wednesday barred loanDepot from delivering VA single-family loans to Ginnie Mae I and multi-issuer pools apparently due to unusually high prepayment rates in its VA loan portfolio.


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.]


February 1, 2019 - Inside MBS & ABS

GSE Credit-Risk Transfer Volume at Record High

Fannie/Freddie’s issuance of credit-risk transfer debt notes hit a record high of $15.19 billion in 2018. [Includes one data chart.]


February 1, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: February 1, 2019

MBS and ABS Issuance at a Glance


January 25, 2019 - Inside MBS & ABS

It’s Business as Usual for HECM; Issuance Down

An estimated $9.6 billion of Ginnie Mae securities backed by FHA-insured reverse mortgages were issued in 2018, down from $10.5 billion a year ago, according to New View Advisors.


January 25, 2019 - Inside MBS & ABS

CHLA Concerned Ginnie Clipping Small Issuers

The Community Home Lenders Association has expressed concerns that Ginnie Mae is on a mission to reduce the number of MBS issuers and tighten credit standards — moves that would affect its core members and hurt its housing mission.


January 25, 2019 - Inside MBS & ABS

MBS Trading Wanes. Worrisome Trends Ahead?

The average daily trading volume in agency MBS fell to $212.9 billion in December, one of the lowest readings of the year, according to figures compiled by the Securities Industry and Financial Markets Association.


January 25, 2019 - Inside MBS & ABS

Multifamily Sector Strong at Fannie and Freddie

Fannie Mae and Freddie Mac are coming off strong years for their multifamily business and most observers say that success is likely to continue well into 2019.


January 25, 2019 - Inside MBS & ABS

Nonprime MBS Issuance Off to a Fast Start

Issuance of nonprime MBS got off to a strong start this year, maintaining the momentum established in 2018.


January 25, 2019 - Inside MBS & ABS

Commercial MBS Issuance Declined Slightly in 2018

Despite a sharp rise in the fourth quarter, issuance of commercial MBS for the whole of 2018 declined 6 percent. Agency multifamily MBS continued to dominate the overall CMBS market. [Includes one data chart.]


January 25, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: January 25, 2019

MBS and ABS Issuance at a Glance


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 MBS & ABS

Shutdown Prompting Uncertainty for ABS Issuers

The partial federal government shutdown, now into its fourth week, is having an impact on ABS and MBS issuers that register deals with the Securities and Exchange Commission.


January 18, 2019 - Inside MBS & ABS

ABS Issuance Hit Post-Crisis High Despite Soft Landing

A total of $223.74 billion of new non-mortgage ABS came to market in 2018, the best annual showing since the financial crisis, according to a new ranking and analysis by Inside MBS & ABS.The market faltered in the fourth quarter, however, as ABS production slumped 14.9 percent to $45.05 billion. That was the lowest quarterly output since the end of 2016. [Includes two data charts.]


January 18, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: January 18, 2019

MBS and ABS Issuance at a Glance


January 11, 2019 - Inside The GSEs

SIFMA Still Doubtful of Uniform MBS Rollout

The Securities Industry and Financial Markets Association held a meeting last month to discuss the rollout of the uniform mortgage-backed security.


January 11, 2019 - Inside The GSEs

GSE Market Shifts Toward Large Banks in Late 2018

Single-family mortgage business at Fannie Mae and Freddie Mac slumped in the fourth quarter of 2018 as purchase-mortgage activity faded, according to a new Inside The GSEs analysis of mortgage-backed securities disclosures. [Includes two data charts.]


January 11, 2019 - Inside MBS & ABS

Issuance of SFR Securities Expected to Decline in 2019

After hitting a peak in 2018, new issuance of single-family rental securities will likely decline this year, according to industry analysts.


January 11, 2019 - Inside MBS & ABS

Redwood Set to End a Lull in Prime Non-Agency MBS

Redwood Trust is set to issue the first prime non-agency MBS the market has seen in more than a month. Issuance has all but grounded to a halt after October, but industry analysts expect more volume to flow following the Redwood deal.


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.]


January 11, 2019 - Inside MBS & ABS

MBS and ABS Issuance at a Glance: January 11, 2019

MBS and ABS Issuance at a Glance


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%