ABS Issuance Slumps Badly in 3Q22 Return to Normal October 26, 2022 John Bancroft Almost all sectors saw significant declines as rising interest rates and economic took their toll...Read More
FHA Loans Keep Ginnie Delinquencies Elevated. Time to Worry? October 25, 2022 Namrata Bhatia The biggest change in the FHA portfolio was in the 30-days past due category...Read More
September Sees an Uptick in MBS Trading October 24, 2022 Paul Muolo As the week began, the yield on the benchmark 10-year Treasury was at 4.27%, a few ticks below its 52-week high.Read More
FHA Share Grew in 3Q22 Agency Purchase Lending October 20, 2022 John Bancroft Meanwhile, UWM ranked as the top GSE seller of home loans with private MI coverage at the end of the third quarter.Read More
ABS East Coverage: Non-QM Players Expect ‘Pain’ to Last a While October 19, 2022 Brandon Ivey Angel Oak believes non-QM originations and demand from MBS investors will be suppressed through mid-2023...Read More
Despite Closure, Sprout Mortgage Still Active in the Secondary Market October 19, 2022 Paul Muolo Meanwhile, Sprout was recently sued by a subsidiary of title insurance giant First American Financial Corporation...Read More
Home Price Depreciation Top of Mind for MBS Investors October 18, 2022 Brandon Ivey After years of soaring home price appreciation, MBS investors are concerned about a downside...Read More
Prime Non-Agency MBS Issuance Craters in 3Q22 October 18, 2022 Brandon Ivey Lenders are still originating plenty of mortgages that back prime non-agency MBS — it’s just that the loans are residing elsewhere...Read More
Ginnie MBS Issuance Continues to Slope Downward October 17, 2022 The top-three Ginnie issuers through the first nine months of 2022: PennyMac, Rocket Mortgage and Lakeview...Read More
Non-Agency MBS Market Runs Aground in 3Q22 October 14, 2022 John Bancroft It was the steepest decline since COVID, when production plummeted 45.1% in the second quarter of 2020.Read More
RSS