News Topic: MBS

Director Mark Calabria urged lawmakers to grant the agency chartering authority similar to that of bank regulators to boost competition in the mortgage market. ... Read full article

The consolidation of the two companies' securitization platforms into a single bond market became official on Monday. ... Read full article

The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security. ... Read full article

The bank dropped out of the bidding for the card over profitability fears; returning to the market could boost Barclays' investment bank. ... Read full article

Prepayments tied to repeated VA loan refinancing activity have had an adverse effect on Ginnie’s mortgage securities that persists despite countermeasures. The government bond issuer is making new plans to address the impact. ... Read full article

Purchase of United Capital Financial would extend the bank’s reach; the bank is raking in online deposits even as it pares back its branch network. ... Read full article

On Dec. 31, 2018. Dollars in thousands. ... Read full article

Freddie Mac exchanged existing bonds from its portfolio for mirror certificates for the first time, completing a key test that is central to the creation of a uniform mortgage-backed security. ... Read full article

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits. ... Read full article

Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency. ... Read full article

The new regulation, codifying requirements already in practice, is meant to help the mortgage giants prepare for the adoption of a uniform security in June. ... Read full article

Just as the Trump administration appears focused on releasing a framework without Congress, the Senate Banking Committee has re-entered the policy fray with a new proposal. ... Read full article

Ginnie Mae has restricted loanDepot's ability to securitize Veterans Affairs mortgages because of apparent churning of recent originations. ... Read full article

On Sep. 30, 2018. Dollars in thousands. ... Read full article

On Sep. 30, 2018. Dollars in thousands. ... Read full article

After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform. ... Read full article

Donald Layton, who has run the mortgage giant since 2012, discussed the busy agenda leading up to his departure and says Freddie can serve as a "technical adviser" in GSE reform talks. ... Read full article

On Jun. 30, 2018. Dollars in thousands. ... Read full article