Short Takes: Applications for Purchase Mortgages Increase / Delinquencies Rising / Non-QMs Falter / New Expanded-Credit MBS January 24, 2024 Brandon Ivey Purchase-mortgage applications increased even as interest rates inched up.Read More
Top Lenders Slow Contributions to Expanded-Credit MBS January 23, 2024 James Dohnert Change Lending, Arc Home, Caliber Funding and NewRez had zero expanded-credit loans securitized in the fourth quarter.Read More
AGNC Swings to Profit, Sees Volatility Receding January 23, 2024 Brandon Ivey AGNC Investment generated $412 million in net income in the fourth quarter.Read More
FINRA Aims to Speed Up Reporting on MBS/ABS Trades January 23, 2024 Brandon Ivey FINRA has proposed reducing the reporting timeframe for MBS and ABS trades to one minute.Read More
Short Takes: Forbearance Fades / New CRT From Fannie / CA Acquires Real Info / MSRs on Offer January 23, 2024 Brandon Ivey Just 0.23% of mortgages were in forbearance as of the end of 2023.Read More
ABS Had a Strong Year in 2023 but 4Q Issuance Soured January 22, 2024 John Bancroft The market sagged badly at the end with just $55.70 billion in new issuance...Read More
Share of Agency Business With MI Rises in 2023 January 19, 2024 John Bancroft The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.Read More
New Platform for Quick Loan Sales by Banks January 19, 2024 James Dohnert Clark Street Capital's Accelerated Bank Asset Network can help facilitate loan sales by banks in as little as two weeks.Read More
Short Takes: loanDepot Brings Systems Online / New Downpayment Assistance Programs / Flurry of Non-Agency MBS January 19, 2024 Brandon Ivey Many of loanDepot's consumer-facing websites went back online Thursday.Read More
Morgan Stanley Readies Jumbo MBS January 18, 2024 Brandon Ivey It's only the second jumbo MBS in the market thus far in January.Read More
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