The uncertainty of the presidential election—however long that lasts—is bound to incite interest rate volatility, something that presents a peril to the mortgage-backed securities (MBS) market, according to Christopher Maloney, a market strategist and former portfolio manager who writes for Bloomberg. In October, volatility surged 76%. Last Friday it closed higher than it has since … The post Why Election …
Read More »Fannie Mae Offers Two New Single-Family Green MBS Issuances
The Green Bond program has generated roughly $40 million in transactions in its first three months. The post Fannie Mae Offers Two New Single-Family Green MBS Issuances appeared first on DSNews.
Read More »Ginnie Mae Attracting Investors
The company looks to stabilize the market during economic downturns, as its MBS production rose to $63 billion. The post Ginnie Mae Attracting Investors appeared first on DSNews.
Read More »Fed Chair: Purchase of MBS ‘Vital’ For Market Function
Jerome Powell gave his semiannual address to Congress on Tuesday and discussed the Fed’s plan for purchasing mortgage-backed securities. The post Fed Chair: Purchase of MBS ‘Vital’ For Market Function appeared first on DSNews.
Read More »The Impact of Forbearance on the RMBS Market
A new report by Fitch Ratings, “What Investors Want to Know: Coronavirus-related Forbearance Plans in U.S.,” dives into how forbearance, or a “payment holiday,” may affect mortgage-backed securities. The post The Impact of Forbearance on the RMBS Market appeared first on DSNews.
Read More »Ginnie Mae Issues $63.81B in MBS
Ginnie Mae has hit an all-time record in MBS issuance. Here’s how many homeowners these securities provide financing for. The post Ginnie Mae Issues $63.81B in MBS appeared first on DSNews.
Read More »DS5: Discussing the Fed’s Plan for Mortgage-Backed Securities
Hear from John Lynch, CEO of PCMA, and Holden Lewis, a housing and mortgage Specialist for Nerd Wallet in this episode of DS5: Inside the Industry. The post DS5: Discussing the Fed’s Plan for Mortgage-Backed Securities appeared first on DSNews.
Read More »Goldman Sachs Rebounds on Mortgage-Backed Securities
Goldman Sachs said in a statement that the bank “had no advance knowledge of any of the facilities the Fed announced and assumed risk when we bought securities from clients during this period.” The post Goldman Sachs Rebounds on Mortgage-Backed Securities appeared first on DSNews.
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