Some Shifts in MBS Holdings at REITs June 4, 2024 John Bancroft Agency MBS held in portfolio at REITs that focus on mortgage assets slid 1.8% to $168.47 billion as of the end of the first quarter of 2024.Read More
loanDepot Founder Keeps Pressing the Sale (of Stock) Button June 3, 2024 Paul Muolo The California-based nonbank ranks 17th among home funders and 18th among owners of mortgage servicing rights.Read More
A Positive Sign of Sorts: Loan Officer Comp Begins to Ebb June 3, 2024 Paul Muolo As MBA recently noted, personnel expenses tied to loan production declined in the first quarter...Read More
Jumbo Lending Declines in First Quarter May 31, 2024 Brandon Ivey A number of banks reduced their jumbo originations in early 2024 and nonbanks aren't fully picking up the slack.Read More
Delinquencies Decline at Large Servicers in First Quarter May 30, 2024 Namrata Bhatia The total delinquency rate among large servicers was 3.23% at the end of March, down 38 basis points from the end of 2023.Read More
Mixed Trends in FHA, VA Lending in First Quarter May 29, 2024 Monica Hogan FHA's share of combined FHA/VA lending declined to 60.8% in the first quarter of 2024.Read More
Banks Slow Jumbo Lending in First Quarter May 28, 2024 James Dohnert The jumbo market’s share of first-lien production narrowed to 11.1% in the first quarter from 12.4% in the fourth quarter.Read More
Government-Insured Lending Gains Share in First Quarter May 24, 2024 Brandon Ivey Government-insured production increased by 11.0% compared with the fourth quarter while total first-lien originations were up 3.2% during that time.Read More
Fed’s MBS Moves Boost GSE Supers Volume May 24, 2024 John Bancroft Fannie Mae and Freddie Mac issued $428.04 billion of Supers deals backed by first-level uniform MBS during the first quarter of 2024.Read More
FHLBanks Increase Profits in First Quarter May 23, 2024 Dennis Hollier The top FHLBank borrower remains JPMorgan Chase with $39.22 billion in outstanding advances at the end of the first quarter.Read More
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