RMBS

The increase in mortgage rates should limit mortgage refinancing activity with the exception of HARP related activity.

Redwood is looking to issue another securitization deal this month that would keep in line with the company’s 2013 goal of boosting issuance over this year.

The American Securitization Forum is concerned that the Consumer Financial Protection Bureau's new Qualified Mortgages guildelines will dry up credit for non-prime borrowers.

The Minnesota Housing Finance Agency's $75 million of tax-exempt homeownership finance bonds mark its third use of a mortgage-backed pass-through structure that’s helped jumpstart new-money, tax-exempt borrowing for single-family housing.

Capacity constraints at mortgage lenders that limited the amount of refinancings they could process in November, meant business was held over into December resulting in prepayment speeds being unexpectedly higher last month.

The Consumer Finance Protection Bureau's qualified mortgage regulation will provide more clarity to the definition of a qualified residential mortgage as proposed under Dodd-Frank legislation, said analysts at Fitch Ratings.

Moody’s Investors Service, Kroll Bond Ratings and Fitch ratings have assigned Aaa'/'AAA'/'AAA' ratings respectively to the class A notes issued by Redwood Trust’s RMBS.

The December FOMC minutes have cause doubts of whether the Fed will tweak asset purchases under QE3 but analysts at Barclays said MBS purchases are likely to stay the same.

The private-label mortgage-backed securities market can make more of a comeback this year due to factors like the agencies’ rising guarantee fees, scarcity of higher-yielding assets for investment and home price appreciation.