What The FHFA’s Forbearance Announcement Means for Agency Prepayments

VIENNA, Va., March 9, 2017 – RiskSpan, the data management, data applications, and predictive analytics firm that specializes in risk solutions for the mortgage, capital markets, and banking industries, announced that it has been selected for HousingWire’s 2017 HW TECH100™ award. This year saw the highest number of nominees in the history of HW TECH100™, which recognizes leading companies that bring tech innovation to the U.S. housing economy. Among this year’s winners are other industry-leading firms such as Accenture, CoreLogic, and Freddie Mac.

FHFA forbearance report

RS Edge: Loan-level Delinquencies in GNMA Pools

VIENNA, Va., March 9, 2017 – RiskSpan, the data management, data applications, and predictive analytics firm that specializes in risk solutions for the mortgage, capital markets, and banking industries, announced that it has been selected for HousingWire’s 2017 HW TECH100™ award. This year saw the highest number of nominees in the history of HW TECH100™, which recognizes leading companies that bring tech innovation to the U.S. housing economy. Among this year’s winners are other industry-leading firms such as Accenture, CoreLogic, and Freddie Mac.

RS Edge: S-curves Over Different Refi Cycles

VIENNA, Va., March 9, 2017 – RiskSpan, the data management, data applications, and predictive analytics firm that specializes in risk solutions for the mortgage, capital markets, and banking industries, announced that it has been selected for HousingWire’s 2017 HW TECH100™ award. This year saw the highest number of nominees in the history of HW TECH100™, which recognizes leading companies that bring tech innovation to the U.S. housing economy. Among this year’s winners are other industry-leading firms such as Accenture, CoreLogic, and Freddie Mac.

s-curve-in-rs-edge

FHFA Prepayment Monitoring Reports are Powered by RS Edge

To help enforce prepayment alignment across Fannie’s and Freddie’s Uniform MBS, the Federal Housing Finance Agency publishes a quarterly monitoring report comparing the prepayment speeds of UMBS issued by the two Agencies. This report helps ensure that prepayment performance remains consistent—so that market expectations of a Fannie-issued UMBS are fundamentally indistinguishable from those of a...

RS Edge Powers the FHFA Prepayment Monitoring Report

RS Edge: WALA Ramps for Non-Bank Servicers

In 2019, the non-bank servicing sector continued to grow faster than traditional bank-servicers. As a group, non-bank servicers now represent nearly half of the agency MBS market, with outsized representation in newer-production mortgages. Their aggressive refinancing has driven speeds on in-the-money mortgages to post-crisis highs, and we believe this behavior will continue into 2020.   But within...

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EDGE: Revisiting WALA-ramps on FNMA Majors

In the past few months, recent-vintage FNMA Major pools have shown significant acceleration in prepay speeds, significantly impacting TBA prices and dollar rolls. In our August report, we showed a progression of ever faster WALA ramps on FNMA Major pools1. In this installment, we update that behavior using data from Edge, the online prepayment graphing...

WALA-ramps