A new report found that Ginnie Mae’s bank and thrift holdings of agency mortgage-backed securities pass-throughs fell for the first time in Q1 2018, then again in Q2. Here’s what this decline could mean for the MBS market.
Read More »Fannie’s Innovation in Credit Risk Transfer
Here’s how Fannie Mae’s pricing of its inaugural Connecticut Avenue Securities aims to reduce the risks in the secondary mortgage market.
Read More »Moody’s Rates Wells Fargo’s First RMBS in 10 Years
Wells Fargo’s first RMBS securitization in a decade received a provisional rating from Moody’s. Here’s what the ratings agency had to say about these securities.
Read More »RMBS Performance Stays Strong
Prime and nonprime RMBS transactions performance have been exceptional, according to a recent study. See how prime and nonprime securities have improved in the first half of 2018.
Read More »The Week Ahead: Focus on the Fed’s MBS Holdings
On Thursday, the Federal Reserve will release its balance sheet, which also focuses on the current state of its mortgage-backed security holdings. Here’s what else is in store in The Week Ahead.
Read More »Ginnie Mae’s Outstanding MBS Balance Approaches $2T
The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
Read More »Fed Owns Nearly 30 Percent of All Outstanding MBS
Since October, the Federal Reserve is reducing the number of securities and treasuries it owns, see where the Fed projects to be by 2025.
Read More »Wells Fargo Litigation Moves Forward
A New York federal judge said that Wells Fargo must face litigation seeking to hold the bank accountable for billions of dollars in claimed investor losses as trustee of residential mortgage-backed securities, saying the investor funds more than met the pleading the standard. The plaintiffs, including BlackRock Inc, Pacific Investment Management Co, Prudential Financial Inc, and TIAA-CREF, can pursue breach of contract and conflict of interest claims related to 53 trusts, said U.S. District Judge Katherine Polk Failla.
Read More »Freddie Mac Prices First WLS of 2017
Credit risk transfer is GSE’s largest whole loan securities deal to date. Deal includes $602M in guaranteed senior certificates backed by 1,227 super-conforming loans.
Read More »Freddie Mac Announces Fifth Multifamily K Certificates Offering
Freddie Mac announced a new offering of Structured Pass-Through Certificates (K Certificates). The offering is backed primarily by fixed-rate multifamily mortgages with a 7-year term. "The company expects to offer approximately $1.2 billion in K Certificates (K-715 Certificates)," the company said.
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