GSE Single-Family Business Down Sharply in May June 1, 2021 John Bancroft Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.Read More
Fannie, Freddie Repurchases Rise in Gusher of MBS Issuance June 1, 2021 The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter. Read More
Two Agency-Eligible Investor-Loan MBS Deals in a Week. Thank You FHFA May 28, 2021 Paul Muolo When one MBS window closes, another appears...Read More
Retailers and Table-Funders See Gains in 1Q21 as Refis Surge May 27, 2021 John Bancroft Quicken ranked as the top retail lender with an estimated $71.43 billion in first-quarter volume. Its retail market share: 5.5%...Read More
Trading in Agency MBS Dips. A Canary in a Coal Mine? May 26, 2021 Paul Muolo On a sequential basis, trading fell 8.04% and was off fractionally from the same month a year ago. Read More
UWM Quickly Packages Conforming Jumbos into Non-Agency MBS May 24, 2021 Brandon Ivey KBRA noted that UWM is "appropriately staffed on production and control functions to handle its present growth relative to increased volume."Read More
VA Share Hits a Jaw-dropping 60% of Government Market May 24, 2021 John Bancroft Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.Read More
Bank MBS Demand Spikes in 1Q21, BofA Sets the Pace May 21, 2021 John Bancroft Banks may have ceded the origination business to nondepositories, but they sure love the end product: MBS. Read More
FHFA Paints a Grim Picture for Fannie/Freddie CRTs May 21, 2021 Dennis Hollier At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...Read More
Surprise: A New IPO Notice, This One From Angel Oak's Non-QM REIT May 21, 2021 Brandon Ivey No gas left in the mortgage IPO tank? Think again.Read More