MBS

Excess cash flow will pay timely interest and protect against realized losses in the rated certificates before being paid out to the class X notes.

If the government were to end the Fannie Mae and Freddie Mac conservatorships, the new status could constrain CRT deal ratings, as they are counterparties.

With President Donald Trump's tariff threats turning into reality and the Federal Reserve likely to hold off on cutting rates, credit investors are continuing to bet on shorter-duration bonds.

If the GSEs are privatized with only their current capital levels, respondents indicated risk premiums on MBS would widen by as much as 45 basis points or more.

The real estate investment trust also announced changes to its Sequoia correspondent platform as it seeks to elevate the unit's branding in 2025.

Analysts agree recent changes to government agreements will end the Fannie Mae and Freddie Mac conservatorships, but it'll likely happen later rather than sooner.

The proposal is one of several that aims to address difficulties managing early buyouts from mortgage-backed securities pools.

Private-label securitization volume increased 75% this year versus 2023; conditions are right for that to continue, KBRA said.

Mortgage bonds get hit hard when there's growing uncertainty about the direction of rates, due to the election, because their returns depend so much on it.

This is the first RTL transaction for Roc360 Real Estate Income Trust, the deal's sponsor, in three years. Also, it is Roc360's first rated RTL transaction.