04.10.2025 ABS Totals

April 16, 2025, 3:23 p.m. EDT 1 Min Read

TRENDING

RMBS

Rocket Mortgages secure $524.1 million in residential MBS

Second-lien mortgages make up the collateral pool. Those assets normally have a high expected loss severity, but the borrowers appear to be of prime credit quality.

By Donna M. Mitchell

6h ago
Originations

Refi spike tapers off despite falling rates

Rate-and-term refinances dropped 14% month over month in October, but were still up 143% from last year.

By Colin McNamara

November 11
Litigation

DOJ: CFPB cannot request new funding from the Fed

The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System, arguing that the Fed has not turned a profit since 2022 and thus cannot fund the CFPB.

By Kate Berry

November 11