Agency Servicing Tops $9.0 Trillion in Third Quarter October 11, 2024 John Bancroft Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.Read More
Blackstone Making Move Into Non-QM Market October 11, 2024 Paul Muolo Blackstone is expected to initially operate as a buyer of loans with mortgage-backed security issuance to follow.Read More
Short Takes: Still No Capital Re-Proposal / Winner of NPL Auction / Compliance Dataset From MISMO / NYMT Back With IPL MBS October 11, 2024 Brandon Ivey No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.Read More
Mortgage Activity With MI Increases in Third Quarter October 10, 2024 Namrata Bhatia Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.Read More
Trended Credit Data Offers New Insights on MBS Performance October 10, 2024 Monica Hogan Andrew Davidson & Co. used data on credit use, balance and payment across time and multiple loan types to garner a comprehensive view of consumer financial behavior.Read More
GSE Business Increases in Third Quarter October 9, 2024 Dennis Hollier Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.Read More
Rare Non-Agency MBS With Loans for Manufactured Homes October 9, 2024 Brandon Ivey Loans in the MBS were originated by Southwest Stage Funding via its Cascade Financial Services unit.Read More
Slow Runoff for Fed’s Agency MBS Holdings October 9, 2024 Dennis Hollier Since the Fed started its current asset reduction period in 2022, it has allowed an average of about $18 billion a month of agency MBS to run off.Read More
Short Takes: Application Trends Split / Arvest Bank’s Servicer Rating Downgraded / HEL Securitizations / MBS From Angel Oak October 9, 2024 Brandon Ivey Demand for refis declined last week while applications for purchase mortgages held steady.Read More
Residential Mortgages Lift Issuance of MBS & ABS October 8, 2024 John Bancroft Residential MBS production was up 11.9% from the second quarter, hitting $341.43 billion, a two-year high.Read More