In this week’s newscast: Lawsky targets Ocwen for alleged “self-dealing” that inflates fees for homeowners and investors; improving underwriting standards among subprime auto-loan lenders; S&P cuts forecast for non-agency RMBS issuance.
More From Asset Securitization Report
Bessent: stablecoins will help ensure dollar dominance
Treasury Secretary Scott Bessent said Tuesday that dollar-pegged stablecoins could help expand market demand for U.S. government debt, lowering the pressure on long-dated bond yields.
Wall Street sees an ominous sign in bond market’s latest selloff
During the past few weeks the term premium spiked to levels not seen in over a decade and drove the latest leg of the bond selloff that's sent US Treasury yields to a 24-year high.
UWM scraps credit score minimums amid KBW downgrade
Fannie, Freddie and Ginnie loan eligibility now rests on AUS findings, with scores kept for pricing. KBW cut UWM's price target to $1.50 as it launches a $400M rights offering.
Rising Treasury yields darkens mortgage rate outlook
Zillow now predicts mortgage rates to end 2026 over 7%.
U.S. bond-market slide deepens, pushing yields to two-decade highs
Rising oil prices sparked the declines earlier in the session, fanning worries around elevated inflation and punishing European government debt as well.
