UMBS a key risk in any GSE ownership change: report
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices Group say.
U.S. Fintech
Freddie Mac ending exchange offer used to create UMBS
The option for holders of older government-sponsored enterprise bonds that predated the move to uniform mortgage-backed securities now has a deadline.
How Basel, GSE changes may upend MSR dynamics
Policy reviews of GSEs and Basel rules could reshape the MSR market, opening opportunities for banks and altering Fannie, Freddie MBS dynamics.
Upstart stock drops as AI model ‘overreacts’ to macro signals
Despite record loan applications, Upstart's AI pulled back, causing a revenue miss and raising "incremental uncertainty" about its core underwriting model.
