Secondary

At the same time, the Hilltop Holdings unit expects its gain-on-sale margins to remain pressured in the coming year.

Loan criteria such as credit scores, loan types and loan-to-value ratios are all weaker than those included in 2022 deals, Fitch said.

Banks and Congressmen alike see U.S. regulators' version of Basel III as overly stringent for the securitization market.

The Salt Lake City bank says that it doesn't expect major losses, even though its problem loans grew at the end of 2023.

A new "Social MBS" label will be applied to eligible single-family collateral from both government-sponsored enterprises based on a new mission index score.

The prepayment metric on the single-family issuer operational performance profile had been displaying outdated information.

"Someone somewhere has not taken a victory lap for the work that has been done to rehabilitate the enterprises." Priscilla Almodovar said in a Bloomberg interview.

If the presumed Republican nominee regains the White House and his party takes control of Congress, investors are betting the conservatorships will finally end.

The Dallas bank's full-year results showed progress toward its long-term strategic goals despite a fourth-quarter drop-off in net interest income heavily tied to its mortgage business, executives said on an earnings call.

The financial services executive also previously served in leadership at Morgan Stanley and Carver Federal Savings Bank.