MBS

Kate Berry
April 6, 2020 10:37 AM

Ginnie Mae and the FHA provided temporary liquidity relief for mortgage servicers bracing for higher delinquencies, but the industry continues to pressure Treasury and the Fed to provide more comprehensive support.

9 Min Read
The Fed is establishing two new credit facilities aimed at providing credit to large businesses: the Primary Market Corporate Credit Facility for new bond and loan issuance and the Secondary Market Corporate Credit Facility, which is focused on outstanding corporate bonds.
March 23, 2020 8:25 AM

The Federal Reserve committed Monday to conducting more asset purchases of Treasury securities and mortgage-backed securities and announced $300 billion in new financing for credit facilities.

2 Min Read
NMN031920-Whalen.png
Christopher Whalen
March 19, 2020 2:18 PM

A number of proposals have been floated for debt payment holidays and other types of moratoria, but such approaches offer solutions that are worse than the problems.

5 Min Read
NMN031720-LeveragedREIT.png
Bonnie Sinnock
March 17, 2020 2:30 PM

Mortgage real estate investment trusts are taking stock of their financial ability to respond to market shocks and other concerns stemming from the coronavirus.

1 Min Read
Bank Of Canada Interest Rate Announcement And Monetary Policy Report Release

Canadian policymakers are escalating their efforts to backstop the nation’s financial system and ensure banks have plenty of room to continue lending through the coronavirus crisis.

3 Min Read
NMN031620-Spreads.png
Bonnie Sinnock
March 16, 2020 4:48 PM

The Federal Reserve's most recent economic-stimulus effort could reduce disparities between a rally in Treasurys and a relative slump in mortgage-backed securities that contributed to higher average home-lending rates last week.

1 Min Read
NMN031220-RateVol.png
Bonnie Sinnock
March 12, 2020 6:09 PM

Not so long after Treasury bond yields experienced an unprecedented drop, the average 30-year mortgage rate rose, reflecting volatility related to the coronavirus as well as capacity issues on multiple levels.

2 Min Read