Some in the space say they've seen new players coming in but others disagreed during a panel at the Mortgage Bankers Association's Secondary and Capital Markets conference.

While the mortgages from this Community Development Financial Institution lack income verification, the borrowers' credit is actually near prime, according to DBRS Morningstar.

During her opening remarks before lawmakers Tuesday, the head of the Federal Housing Finance Agency reiterated that borrowers with strong credit profiles are not being penalized to benefit those with poorer scores.

The investor segment will have to be mindful as it gains ground, executives said Tuesday, noting that the sector takes experience, skill and savvy awareness of risks.

The coming Fitch-rated deal has higher FICO scores than competitors' pools, but the auto sector faces headwinds.

Experts say banks should start stepping up their encryption now, because hackers can steal it now and decrypt it with quantum computing later.

HAROT 2023-2 offers notes backed by prime auto receivables, and a slightly higher concentration of credit grade-A obligors, 77.64%, up from 76.45% in HAROT 2023-1.

The specialist says the key to selecting less-trafficked ABS sectors is their ability to withstand an expected recession.

The Federal Reserve chair waved off suggestions that recent bank failures demonstrate a need to better separate its authorities. He also noted the importance of clear communication by central bank officials.

The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.

Prime homeowners as borrowers and strong recovery rates help drive confidence in the issuance, but the first-time appearance of deferred loans raises caution.

The government-sponsored enterprise only tweaked the two-year mortgage origination forecast, with a $6 billion reduction for 2023, but an increase of $7 billion for 2024.