MBS

FTC Selects CDG's OSS/BSS Platform to Evolve Their Subscriber Management

Retrieved on: 
Monday, January 29, 2024

FTC selects CDG's OSS/BSS platform to evolve their subscriber management.

Key Points: 
  • FTC selects CDG's OSS/BSS platform to evolve their subscriber management.
  • In making this announcement, CDG and PRTC CEO, Jason Dandridge, noted "I can't tell you how special it is to have FTC join our MBS family.
  • FTC is a long-term client of CDG's carrier services solution, BDS-I, and FTC and PRTC also go way back as neighboring South Carolina telecommunications service providers.
  • CDG is excited to partner with FTC to help them evolve their subscriber management experience."

Impact Modifiers Market to Surge Globally with a 9.4% CAGR - Comprehensive Analysis of Trends, Growth Drivers, and Future Projections to 2033 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 18, 2024

Distinguished by an impressive compound annual growth rate (CAGR) of 9.4% by 2024, the global impact modifiers market underscores robust economic activity across industries.

Key Points: 
  • Distinguished by an impressive compound annual growth rate (CAGR) of 9.4% by 2024, the global impact modifiers market underscores robust economic activity across industries.
  • The expanding requirement for durable and flexible materials in various end-use sectors ranging from automotive to construction is driving market expansion.
  • Innovations in technology and evolving material science, notably in bio-based impact modifiers, are further bolstering market growth.
  • Affirming these observations, recent industry metrics and statistics reinforce the vitality of the impact modifiers market within these sectors.

Fannie Mae Announces Single-Family Social Bond Framework

Retrieved on: 
Tuesday, January 23, 2024

WASHINGTON, Jan. 23, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the launch of its Single-Family Social Bond Framework and updates to disclosures for the company's Single-Family mortgage-backed securities (MBS), aimed to further support access to credit and affordable housing as part of its mission and goals.

Key Points: 
  • The updated Social Bond Framework describes the Fannie Mae mortgage collateral eligible to be pooled, issued, and labeled as Single-Family "Social MBS."
  • The Fannie Mae Single-Family Social Bond Framework is being rolled out in alignment with Freddie Mac and in cooperation with the Federal Housing Finance Agency (FHFA).
  • This opinion letter acknowledges that the Social Bond Framework is credible and impactful, and aligns with the four core components of the International Capital Market Association's Social Bond Principles 2023 .
  • Information on the Social Bond Framework and Mission Index can be found on Fannie Mae's website and via our Perspectives blog : "Mission in Focus: Enhanced Disclosures Lay the Groundwork for Single-Family Social MBS."

Conterra Networks selects GOCare among Best-in-Breed platforms for cutting edge Customer Experience enhancements

Retrieved on: 
Thursday, January 18, 2024

By partnering with GOCare and Dialpad, Conterra will expand communication channels for employees and customers adding various digital channels, such as SMS Text, Online Chat, and SMS Chat to the available options for customer engagement.

Key Points: 
  • By partnering with GOCare and Dialpad, Conterra will expand communication channels for employees and customers adding various digital channels, such as SMS Text, Online Chat, and SMS Chat to the available options for customer engagement.
  • All communications streams can be combined to provide a comprehensive view of the customer experience while adding digital customer engagement and customer self-help automation to empower dynamic communication effectiveness in all stages of the Customer Journey.
  • GOCare's leading digital experience platform coupled with our first-hand broadband experience sets us apart from the competition," stated Mike Roddy, CEO of GOCare.
  • Together with GOCare, we look forward to the continued enhancement of the overall customer experience and future transformation as they continue to expand."

CrossCountry Mortgage Adopts FICO® Score 10 T, Providing Forward Looking Insights for Mortgage-Backed Security Investors

Retrieved on: 
Tuesday, January 9, 2024

This commitment will be the first step for investors to familiarize themselves with the new score and realize the promised performance improvement.

Key Points: 
  • This commitment will be the first step for investors to familiarize themselves with the new score and realize the promised performance improvement.
  • "By proactively issuing mortgage-backed securities exclusively based on FICO Score 10 T, we’re helping to empower investors to make smarter decisions,” said Jenn Stracensky, CCM Chief Operating Officer.
  • FICO Score 10 T can help lenders better manage credit risk and default rates when extending competitive credit offers to consumers.
  • The more predictive FICO Score 10 T also helps lenders project cash flows more accurately.

MFA Financial, Inc. Announces Pricing of Public Offering of Senior Notes

Retrieved on: 
Monday, January 8, 2024

MFA Financial, Inc. (NYSE:MFA) (the “Company”) announced today the pricing of an underwritten public offering of $100 million aggregate principal amount of its 8.875% senior notes due 2029 (the “Notes”).

Key Points: 
  • MFA Financial, Inc. (NYSE:MFA) (the “Company”) announced today the pricing of an underwritten public offering of $100 million aggregate principal amount of its 8.875% senior notes due 2029 (the “Notes”).
  • The offering is expected to close on January 11, 2024, subject to the satisfaction of customary closing conditions.
  • The Notes have received an investment grade rating of BBB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • The offering of these Notes will be made only by means of a prospectus and a related prospectus supplement, a copy of which may be obtained by contacting:

Cambria Launches Two New ETFs: Micro and Small Cap Shareholder Yield and Fixed Income-Focused Tactical Yield

Retrieved on: 
Thursday, January 4, 2024

Cambria Investment Management , an independent, privately owned investment advisory firm and ETF provider focused on quantitative asset management and alternative investments, today announced the launch of two new active ETFs: Cambria Micro and Small Cap Shareholder Yield ETF (MYLD) and Cambria Tactical Yield ETF (TYLD) .

Key Points: 
  • Cambria Investment Management , an independent, privately owned investment advisory firm and ETF provider focused on quantitative asset management and alternative investments, today announced the launch of two new active ETFs: Cambria Micro and Small Cap Shareholder Yield ETF (MYLD) and Cambria Tactical Yield ETF (TYLD) .
  • “The Cambria Micro and Small Cap Shareholder Yield ETF (MYLD) provides exposure to smaller market cap stocks by ranking dividend yield and net shareholder buybacks along with value and quality factors,” said Meb Faber, co-founder and CIO of Cambria.
  • “MYLD joins the original Cambria Shareholder Yield ETF (SYLD) , Cambria Foreign Shareholder Yield ETF (FYLD) and Cambria Emerging Shareholder Yield ETF (EYLD) in rounding out Cambria’s shareholder yield suite.
  • Cambria Tactical Yield ETF (TYLD) focuses on fixed income securities based on yield spreads.

MUFG issues U.S. macro strategy 2024 outlook report - 'Getting Back in Sync?'

Retrieved on: 
Tuesday, January 2, 2024

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Mitsubishi UFJ Financial Group's ( MUFG 's) U.S. Macro Strategy team released its 2024 outlook report titled "Getting Back in Sync?"

Key Points: 
  • NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Mitsubishi UFJ Financial Group's ( MUFG 's) U.S. Macro Strategy team released its 2024 outlook report titled "Getting Back in Sync?"
  • In the report, Goncalves and team look at the various economic scenarios for 2024, writing that the best case is a mild U.S. recession – a bumpy landing – for next year.
  • "Although still our base-case, we have been taking down our recession odds post the height of the regional banking crisis," Goncalves says.
  • For the full 2024 outlook report, please reach out to the MUFG U.S. Macro Strategy team at [email protected] .

DoubleLine Paper: The Misunderstood Housing Market, a Rate Paradox and a Magic Number

Retrieved on: 
Thursday, December 21, 2023

However, given supply and demand conditions in housing today, DoubleLine Portfolio Manager Ken Shinoda argues in a research paper that home "prices could soften in the future if borrowing costs fall to borrower behavior-changing levels."

Key Points: 
  • However, given supply and demand conditions in housing today, DoubleLine Portfolio Manager Ken Shinoda argues in a research paper that home "prices could soften in the future if borrowing costs fall to borrower behavior-changing levels."
  • To read the paper, titled "The Misunderstood Housing Market, a Rate Paradox and a Magic Number," please click on the following link: https://doubleline.com/wp-content/uploads/Misunderstood-Housing-Market__...
    Ken Shinoda, CFA, joined DoubleLine Capital at the firm's inception in 2009.
  • He is a permanent member of the Fixed Income Asset Allocation Committee and participates on the Global Asset Allocation Committee.
  • Mr. Shinoda also hosts DoubleLine's "Channel 11 News" (X @DLineChannel11, [email protected] ), a webcast series that provides market and macroeconomic insights.

Pidgin Partners with Modern Banking Systems to Enable Real-Time Payments for Community Banks

Retrieved on: 
Wednesday, December 6, 2023

Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Modern Banking Systems , a leading provider of core bank processing solutions, to enable more community financial institutions to offer real-time payments to their account holders.

Key Points: 
  • Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Modern Banking Systems , a leading provider of core bank processing solutions, to enable more community financial institutions to offer real-time payments to their account holders.
  • Modern Banking Systems (MBS) provides flexible, real-time core processing solutions designed specifically for community banks.
  • “By integrating Pidgin’s payments platform with Modern Banking Systems’ industry-leading core solutions, more community banks, regardless of size, can offer faster payments to their retail and business customers.
  • We are proud to partner with such a reputable organization like Modern Banking Systems and we look forward to expanding access to real-time payments in the U.S.”