Financial turbulence forced REITs to sell off their MBS holdings in March as the pandemic cratered economies around the world.

Fannie suspended CRT issuance earlier this year when the FHFA proposed new capital requirements for the GSEs. Freddie, though, stayed in...

The FHA/VA market was more subdued, with total conforming-jumbo loans pooled in Ginnie MBS rising 16.7%. The VA program accounted for 83.0% of government-insured jumbo volume, with quarterly securitization up 17.7%.

The decline in first-time buyer share was due in part to a failure of the government-insured sector to keep pace with the conventional market.

More liquid is better than less liquid, especially during a refi bonanza...

The proposal is modeled after the FHA's partial claims program, though there are differences...

Nearly 30% of borrowers with loans in the deal have received forbearance or a deferral. The servicer, Citadel, will not make advances on delinquent payments.

Among the top five agency MBS issuers for the 30-day period, just one was a depository: Wells Fargo at number three.

MBA's Marina Walsh: “Soaring production revenues – led by strong secondary marketing gains – drove these results and more than offset an increase in production expenses.” 

Quicken Loans is the top contributor to the new Morgan MBS, accounting for 36.3% of the collateral.