| Date | MBS Coupon | FHLMC PC Gold Yield | Spread | Ginnie Mae Yield | Spread | 10y Tsy Yield |
| 11/02/01 | 5.00 | 5.79 | 115.00 | 5.59 | 95.00 | 4.64 |
| 11/03/01 | 5.00 | 5.80 | 114.00 | 5.57 | 91.00 | 4.66 |
| 11/06/01 | 5.00 | 5.78 | 114.00 | 5.54 | 90.00 | 4.64 |
| 11/07/01 | 5.00 | 5.72 | 116.00 | 5.53 | 97.00 | 4.56 |
| 11/08/01 | 5.00 | 5.78 | 115.00 | 5.58 | 95.00 | 4.63 |
A recommendation to give Ginnie Mae expanded authorities is drawing focus in the reactions to a Financial Stability Oversight Council report on nonbank risks.
Rohit Chopra, director of the Consumer Financial Protection Bureau, said Friday that the agency will be moving forward with rules and enforcement actions after the defeat of a Supreme Court challenge to the agency's constitutionality.
The 2024-5 series are secured by a pool of loans purchasing primary residences, with an original, cumulative LTV of 73.9%, and a debt-to-income ratio of 35.5%.
Citing auto sales as a potential leading indicator, observers say the labor market's health might be overstated, while auto ABS assets start to underperform.
An independent third-party company will provide the primary servicing, and the industry and equipment diversification levels are strong in the pool.
The current transaction will sell the most in securitized bonds since the 2022-1 series came to market with $850 million in notes.
