Banks Post Another Decline in Residential MBS Holdings in 3Q22 November 18, 2022 John Bancroft In addition, banks reported $35.6 billion of MBS in trading accounts, a significant 87.1% jump from 2Q22...Read More
G-Fees Rise — Thanks to the ‘Adverse Market’ Refi Charge November 17, 2022 Dennis Hollier FHFA said upfront fees jumped from 11 bps to 13 bps...Read More
Foreign Nations Still Have an Appetite for Agency Securities November 16, 2022 Monica Hogan This fall, Ginnie President Alanna McCargo restarted visits to foreign investors...Read More
Prime RMBS Market Flops in 3Q22: Just Five Deals Issued November 15, 2022 John Bancroft Ugly fact: There were only five deals from four different issuers...Read More
In October, Ginnie Issuance Takes a Tumble November 14, 2022 Monica Hogan The nation’s top three issuers in October: PennyMac Financial, United Wholesale Mortgage and Freedom Mortgage.Read More
Poised for Non-Agency Growth: CDFIs November 14, 2022 Monica Hogan CDFIs have been granted exemptions from the CFPB's ability-to-repay rule...Read More
CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline November 11, 2022 John Bancroft The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.Read More
Fannie/Freddie CRT Issuance Plummets in 3Q22 November 9, 2022 Dennis Hollier The 58.2% sequential decline in aggregate CRT issuance was the sharpest decline since the start of the pandemic...Read More
Angel Oak REIT Posts a $83M Loss for 3Q, Cites Negative Asset Marks November 8, 2022 Paul Muolo AOM purchased $62.4 million of non-QMs with a weighted average coupon of 7.1% in the third quarter...Read More
Agency MBS Issuance Still Searching for a Bottom, October Volume Down 19% November 4, 2022 John Bancroft The top agency issuers in October: UWM, PennyMac and Rocket Mortgage...Read More
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