GSE-Eligible Loans Propel Prime Non-Agency MBS in 3Q21 October 27, 2021 Brandon Ivey In 2Q21, the GSE-eligible share of loans going into non-agency MBS was 28%.Read More
Home Equity Investment Activity Gains Traction October 26, 2021 Brandon Ivey Generally, the obligation related to the HEI will decline at a rate similar to the home depreciation.Read More
Ginnie Servicing Performing Better, Freedom Ups Stake October 25, 2021 Brandon Ivey Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...Read More
MBS Trading Rises Slightly. Waiting on the Fed… October 25, 2021 Paul Muolo The trading high for the year came in January at $331.9 billion when it looked as though rates might be headed south.Read More
GSE-Eligible Investment-Property Loans Still Flowing Into Non-Agency MBS October 22, 2021 Brandon Ivey The activity in the non-agency MBS market is occurring even as some lenders are once again taking their investment-property volume to the GSEs.Read More
Short Takes: Goldman Taps Home Point for IPL Collateral / Silvergate’s Warehouse Business / Trading in Digital Assets / BTIG’s Structured Finance Move / The Racial Divide in Homeownership October 22, 2021 Paul Muolo and Dennis Hollier One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...Read More
Bayview Preps Large Non-Agency MBS With GSE-Eligible IPLs October 21, 2021 Brandon Ivey Bayview's $823.2 million issuance will be the second largest non-agency MBS issued this year with GSE-eligible investment-property loans.Read More
Ginnie MBS Loan Removals Gliding Toward Normalcy October 20, 2021 John Bancroft However, removals for loan modification or foreclosure processing edged up 2.2% to $11.14 billion in the third quarter.Read More
After a Long Hiatus, Fannie Re-enters the CRT Arena October 20, 2021 Brandon Ivey CRT-specific hindrances have been jettisoned...Read More
Freddie Mac Draws Nearer to Equal Share of GSE Market October 19, 2021 John Bancroft MBS guarantee fee pricing has become more level between the two GSEs since the uniform MBS was launched in 2019...Read More