Money managers including Columbia Threadneedle are looking closely at US mortgage backed securities as a place to hide from high valuations in US corporate bonds and a wave of tech bond sales that could weigh on returns. Overall US investment-grade issuance will probably top $800 billion in 2026, stripping out refinancings, a net increase […]
AI bond deluge pushes some investors to seek shelter in MBS Read More »
The pairing of exchange-traded funds to residential mortgage-backed securities is no new concept, but 2025 looks like it is turning into a renaissance year for RMBS ETFs, based on recent trends. Since November 2024, the bond market has seen at least four new issuances from investment banks, including the likes of JPMorganChase, Charles Schwab, Regan
Why 2025 might be the year of the mortgage ETF Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. A coalition of real estate and banking groups, including the Community Home Lenders of America, the Independent Community Bankers of America, and the National Association of Realtors, wants Fannie Mae and Freddie Mac to buy conventional mortgage-backed securities to help the mortgage
Reviving GSE MBS purchases would repeat the Fed’s mistake Read More »
A growing number of economists believe that the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry. Over the past few weeks, central bank officials have signaled they are prepared to wind down the policy aimed at shrinking
Fed prepares to pivot balance sheet, with potential ripple effects for mortgages Read More »
Trade groups representing community banks and home lenders are urging the Trump administration to allow Fannie Mae and Freddie Mac to purchase mortgage-backed securities (MBS) to help bring down mortgage rates. The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the GSEs to purchase up to $300 billion of their own
Trade groups push plan to let GSEs buy MBS to ease mortgage rates Read More »
Silvio Tavares waited years for news that finally arrived in July: government-sponsored enterprises Fannie Mae and Freddie Mac would finally allow lenders to use something other than a FICO score to determine whether a customer is credit-worthy enough to buy a home. The wonky policy change, delivered via a social media post after years of
Fannie, Freddie win for VantageScore causes pain for FICO shares Read More »
A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank buying nearly $2 trillion of bills over the next two years, enough to absorb nearly all of the Treasury’s issuance during that period, according to Bank of America Corp. Strategists Mark Cabana and Katie Craig
Fed portfolio shift could hand Treasury $2 trillion, BofA Says Read More »
Alternative asset manager Canyon Partners is committing $250 million to buy new mortgage bonds created by A&D Mortgage LLC, a partnership that will help the mortgage finance company substantially increase the pace of its bond sales. Canyon will buy the riskiest slices of residential mortgage-backed bonds ineligible for guarantees from Fannie Mae and Freddie Mac,
Canyon Partners inks deal helping A&D sell more mortgage bonds Read More »
Barry Habib, the founder and CEO of MBS Highway and a go-to source for mortgage industry predictions, has been named to Fannie Mae‘s board of directors. A recent filing with the Securities Exchange Commission (SEC) confirmed that Habib had been appointed to the board effective July 21. “The appointment of Mr. Habib is until the
Mortgage prognosticator Barry Habib joins Fannie Mae’s board Read More »
(Bloomberg) — President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants. I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the US Government will keep its
Trump says Fannie Mae to keep U.S. guarantee as public firm Read More »