News

Read the latest articles and press releases about securitization and structured finance.

Industry News

Credit Bureaus to Lenders: Report Buy Now, Pay Later Consumer Loans

According to the New York Times, credit bureaus are urging Buy Now, Pay Later (BNPL) lenders to report these loans to the bureaus to help borrowers create a credit history.

Industry News

The Rise of Asset Management Firms: Reshaping Financial Services

The Wall Street Journal reports that private equity and asset management firms continue to grow and now rival the largest banks.

Industry News

Freddie Mac Proposes Purchase of Closed-End Second Mortgages

On April 16, the FHFA announced a new product proposal for Freddie Mac to purchase closed-end second mortgages, aimed at offering borrowers more affordable options to leverage home equity than obtaining a cash-out refinance.

Industry News

The Decline of Downsizing Reshapes Housing Market

The Wall Street Journal reports that most Americans aged 60 and older are not planning to move from their current homes.

Industry News

Fed Chair Powell Confirms ‘Higher for Longer’ as Strong Inflation Data Persists

Federal Reserve Chair Jerome Powell suggested on Tuesday that strong first-quarter inflation figures have prompted uncertainty regarding potential interest rate cuts beginning this summer.

Industry News

Mission Index—Fannie Mae Hopes to Draw New MBS Investors to Void Left by Fed and Banks

In March Fannie Mae introduced its first mortgage-backed securities (MBS) featuring Mission Index scores.

Industry News

Senate Banking Committee Oversight of Housing Regulators Hearing

On April 18, the Senate Banking Committee held a hearing with FHFA Director Sandra Thompson and Acting HUD Secretary Adrianne Todman, titled “Oversight of Federal Housing Regulators.”

Press Releases

Structured Finance Association Opposes Freddie Mac’s Proposed Purchase of Single-Family Closed-End Second Mortgages

Freddie Mac’s proposal represents further unnecessary encroachment by the government into sectors of the housing market that operate well.

Industry News

Court Ruling Permits DOJ to Reopen Investigation into Real Estate Transaction Costs

In 2021, the Department of Justice (DOJ) reopened its long-running inquiry into alleged anticompetitive practices by the National Association of Realtors (NAR) which they are concerned might contribute to excessive costs to consumers for real estate transactions.

Industry News

Investors’ Risk Reward—Spreads Still Elevated on Mortgage-Backed Securities

With mortgage rates expected to drop later this year, challenges in the mortgage-backed securities market could limit benefits for homebuyers.

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