A New COVID-19 Regime for MBS?
An extremely volatile 2020, with historically high prepayment rates and price premium in mortgage-backed securities (MBS), posed unprecedented challenges to MBS investors. Read More
Can MBS Duration Turn Negative?
Historically high mortgage paydowns and price premium amid the current COVID-19 pandemic may lead to negative duration for mortgage-backed securities (MBS). Read More
Are you ready for uniform MBS? (Part 2)
Aligning prepayment speeds of Fannie Mae and Freddie Mac securities presents a major challenge to the success of uniform mortgage-backed securities (UMBS), which the two government-sponsored enterprises will launch on June 3. Read More