Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
https://www.nationalmortgagenews.com/news/recent-non-qm-securitizations-show-signs-of-higher-stress
Nearly half of MBS investors expect Fannie, Freddie privatized by 2028
If the GSEs are privatized with only their current capital levels, respondents indicated risk...
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