Grapevine: Jumbo MBS Downgraded; Loss on MBS Sale

By: ameer@trustedteam.com

KBRA downgrades jumbo MBS issued by JPMorgan Chase in 2015; Community Bank sells MBS holdings at a loss; Morningstar details private-rating share.

Read More

Rising Tariffs Straining Auto ABS Market

By: ameer@trustedteam.com

Higher vehicle and auto part prices are deterring new auto sales, according to Moody’s Ratings.

Read More

Landmark Issues First Billboard Securitization

By: ameer@trustedteam.com

The commercial real estate firm issued its first public securitization of billboard property rights — a rarity in the ABS market. 

Read More

Knock, Arixa Kick Off Securitization Programs

By: ameer@trustedteam.com

Both lenders’ inaugural deals were oversubscribed, helping to diversify the companies’ capital sources.

Read More

Analysts See Value in Agency MBS Over Corporate Bonds

By: ameer@trustedteam.com

Analysts at Stifel believe agency MBS currently offer better value than investments in corporate bonds.

Read More

Some Non-QM MBS Offering Floating-Rate Tranches

By: ameer@trustedteam.com

Issuers of MBS backed by non-qualified mortgages are starting to include floating-rate tranches, a feature more commonly seen in jumbo MBS and certain other asset classes.

Read More

Issuance of Agency CMOs, Aggregation MBS Slows

By: ameer@trustedteam.com

The sharp decline in GSE Supers issuance was the result of the Federal Reserve wrapping up the conversion of its Fannie/Freddie MBS into aggregated form in the first quarter. 

Read More

Agency Single-Family MBS Issuance Rebounds in August

By: ameer@trustedteam.com

Nonbank lenders continued to dominate the agency single-family market, accounting for 76.6% of new business in August. Nonbanks delivered more than 80% of agency refinance loans last month.

Read More

SEC Looking to Boost Public Issuance of MBS, ABS

By: ameer@trustedteam.com

The Securities and Exchange Commission will be seeking feedback next month on ways to boost issuance of publicly-registered MBS and ABS.

Read More

FTC revisits noncompete rules after Biden-era ban blocked

By: ameer@trustedteam.com

The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive.”

Read More