Mortgage-Backed Securities

MBS issuances reached $70.04 billion, and the dollar amount reflects a greater number of families succeeding at homeownership. Mortgage-backed securities (MBS) issued by Ginnie Mae in July totaled a corporate-wide record of $70.04 billion. This translates to financing for more than 261,000 homeowners and renters, the agency reported. “As mortgage rates reached new all-time lows … The post Record-Breaking Month …

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.

The New York Federal Reserve Bank announced the purchase of more than $22 billion. The post Fed Ups MBS Buying appeared first on DSNews.

This was the third consecutive month that it has issued more than $60 billion in mortgage backed securities. However, Ginnie Mae’s outstanding balance also reported an increase. The post Ginne Mae Issues $61B in MBS in June appeared first on DSNews.

According to a former Fed governor, the Fed’s actions will help narrow spreads in MBS, but there is still more it can do. The post How the Fed Can Address Mortgage-Backed Securities appeared first on DSNews.