November 30, 2015
Monday’s Adjudication Roundup
BNY Mellon files a brief on writ for cert with the Supreme Court warning the potential for “warping” the residential mortgage-backed securities market if it overturns the Second Circuit’s decision finding that provisions of the Trust Indenture Act did not … Continue reading
November 30, 2015 in MBS industry | Permalink | No Comments
November 20, 2015
Friday’s Government Reports Roundup
According to an October 2015 Department of Labor report, 271,000 jobs were added to the US economy in the month of October and the unemployment rate decreased to 5% from 5.1% in September. The Consumer Financial Protection Bureau (CFPB) released … Continue reading
November 20, 2015 in MBS industry | Permalink | No Comments
November 18, 2015
Wednesday’s Academic Roundup
Introduction to Special Issue: Government Involvement in Residential Mortgage Markets, W. Scott Frame, Real Estate Economics, Vol. 43, Issue 4, pp. 807–819, 2015 (Paid Access). How Does the Federal Reserve’s Large‐Scale Asset Purchases (LSAPs) Influence Mortgage‐Backed Securities (MBS) Yields and … Continue reading
November 18, 2015 in MBS industry | Permalink | No Comments
November 12, 2015
RMBS 3.0 and the Public Good
The Structured Finance Industry Group has issued RMBS 3.0: A Comprehensive Set of Proposed Industry Standards to Promote Growth in the Private Label Securities Market. RMBS 3.0 is SFIG’s initiative to reinvigorate the “private label” residential mortgage-backed securities (“RMBS”) market: In … Continue reading
November 12, 2015 in MBS industry | Permalink | No Comments
November 11, 2015
Wednesday’s Academic Roundup
The Value of Manufactured Housing Communities: A Dual-Ownership Model, Charles Becker & Ashley Yea, Economic Research Initiatives at Duke (ERID) Working Paper No. 196. Liquidity Provision, Credit Risk and the Bond Spread: New Evidence from the Subprime Mortgage Market, Xudong … Continue reading
November 11, 2015 in MBS industry | Permalink | No Comments
November 6, 2015
The End of Private-Label Securities?
J.P. Morgan’s Securitized Products Weekly has a report, Proposed FRTB Ruling Endangers ABS, CMBS and Non-Agency RMBS Markets. This is one of those technical studies that have a lot of real world relevance to those of us concerned about the … Continue reading
November 6, 2015 in MBS industry | Permalink | No Comments
Friday’s Government Reports Roundup
HUD’s Office of Policy Development & Research released its most recent issue of Cityscape, featuring research from a symposium about affordable housing and neighborhood qualities. The HOME Coalition released “Building HOME: The HOME Investment Partnerships Program’s Impact on America’s Families … Continue reading
November 6, 2015 in MBS industry | Permalink | No Comments
