Servicers Urge Ginnie to Lift RPL Pooling Restrictions December 8, 2021 Monica Hogan In a letter to Ginnie leadership, the groups said the substantial re-delivery restrictions have negatively impacted market liquidity for these loans...Read More
Ginnie Mae Issuance Weakens in November, Mods Boost FHA December 7, 2021 John Bancroft FHA volume was incrementally higher in November, while deliveries of VA, Native American and rural housing loans were lower.Read More
Trouble Ahead? Agency MBS Nears Pandemic Low in November December 3, 2021 John Bancroft Combined MBS issuance from Fannie, Freddie and Ginnie declined 11.5% from October...Read More
Prime Non-Agency MBS Issuance Ramps Up With Three Deals November 30, 2021 Brandon Ivey Goldman Sachs, New Residential Investment and Redwood Trust offered non-agency MBS on Nov. 29.Read More
Ginnie Buyouts Expected to Increase Due to Delinquencies November 24, 2021 Monica Hogan Recent data indicate very few Ginnie borrowers who reached 18 months of forbearance then became current on their mortgage.Read More
Short Takes: Applications Flat / Delinquencies Decline / HUD's Vaccination Rate / Another Legacy Non-Agency MBS Settlement / Thanksgiving Break November 24, 2021 Brandon Ivey Mortgage originations held steady despite an uptick in interest rates.Read More
Deephaven Getting Back to Pre-COVID Levels with Non-QM MBS November 22, 2021 Brandon Ivey The top contributor to the MBS is ACC Mortgage with a 24.3% share...Read More
Banks Look Ready to Pick up the Slack as Fed Pulls Away November 19, 2021 John Bancroft The top three banks in MBS holdings: Bank of America, Wells Fargo and Charles Schwab...Read More
Wells Fargo Looking for a New Correspondent Chief November 17, 2021 Paul Muolo At midyear, Wells had $34.5 billion of correspondent acquisitions, ranking third in the channel...Read More
Goldman Issuing Single-Lender Non-Agency MBS November 17, 2021 Brandon Ivey The latest, a $406.1 million security with collateral from Guaranteed Rate, hit the market Tuesday.Read More