The Final Tally: Freddie Tops Fannie in Residential Loan Purchases January 6, 2025 Dennis Hollier For the first time in 33 years, Freddie out bought its crosstown rival...Read More
Biden Admin Revises GSE Preferred Stock Purchase Agreements January 3, 2025 Dennis Hollier The revisions establish some ground rules that will apply if Fannie Mae and Freddie Mac are ever released from conservatorship.Read More
Ginnie Increases Employee Count in 2024 January 3, 2025 Brandon Ivey As of the end of September, the agency had 265 employees, up 25% from a year ago.Read More
DBRS Updates Rating Assumptions for Second Liens January 3, 2025 James Dohnert The rating service made the update following a review that found that CES loans originated pre-crisis had notably worse characteristics compared with originations in recent years.Read More
Short Takes: Interest Rates Rising / Housing Inventory Improving / More Non-Agency MBS in the Works January 3, 2025 Brandon Ivey Interest rates on mortgages increased to a level last seen in July 2024.Read More
Delinquencies on Securitized Non-QMs Rise Again January 2, 2025 Brandon Ivey The increase in November was tied to hurricanes, though impairments have increased for seven consecutive months.Read More
Shellpoint Tops Non-Agency MBS Servicers in Third Quarter January 2, 2025 James Dohnert Shellpoint handled $6.70 billion of servicing of non-agency MBS issued during the third quarter.Read More
Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained January 2, 2025 Brandon Ivey Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.Read More
MBS Investors Fill Void as Fed Reduces Holdings December 31, 2024 John Bancroft Depository institutions added some $68.55 billion of single-family MBS to their holdings during the third quarter.Read More
Demand Strong for NPLs, RPLs. But Inventory is Lacking... December 30, 2024 Paul Muolo Tad Dahlke of RAMS Capital noted that delinquencies “just aren’t going up much.”Read More