FHA Loans Keep Ginnie Delinquencies Elevated. Time to Worry? October 25, 2022 Namrata Bhatia The biggest change in the FHA portfolio was in the 30-days past due category...Read More
MSR Transfer Pace Eases in Third Lap of a Record Year October 24, 2022 John Bancroft The top buyer of bulk MSRs through the first nine months of 2022: Freedom Mortgage...Read More
Bank Share of GSE Servicing Up Slightly in a Choppy 3Q22 October 24, 2022 John Bancroft Flagstar accounted for most of the gain by mid-size banks, with its GSE MSR portfolio increasing a hefty $24 billion...Read More
September Sees an Uptick in MBS Trading October 24, 2022 Paul Muolo As the week began, the yield on the benchmark 10-year Treasury was at 4.27%, a few ticks below its 52-week high.Read More
FHA Share Grew in 3Q22 Agency Purchase Lending October 20, 2022 John Bancroft Meanwhile, UWM ranked as the top GSE seller of home loans with private MI coverage at the end of the third quarter.Read More
Seven (Banking) Bellwethers Report 3Q Originations. The Verdict? October 20, 2022 Paul Muolo The big question on the minds of many is just how good or bad the nation’s nonbanks performed in 3Q...Read More
Prime Non-Agency MBS Issuance Craters in 3Q22 October 18, 2022 Brandon Ivey Lenders are still originating plenty of mortgages that back prime non-agency MBS — it’s just that the loans are residing elsewhere...Read More
Ginnie MBS Issuance Continues to Slope Downward October 17, 2022 The top-three Ginnie issuers through the first nine months of 2022: PennyMac, Rocket Mortgage and Lakeview...Read More
U.S. Bank Bucks the Trend, Increases Home Lending in 3Q. A Large Decline for BofA October 17, 2022 Paul Muolo BofA also reduced its home-equity volume, producing $2.4 billion of loans in 3Q22 compared to $2.5 billion the quarter before...Read More
Non-Agency MBS Market Runs Aground in 3Q22 October 14, 2022 John Bancroft It was the steepest decline since COVID, when production plummeted 45.1% in the second quarter of 2020.Read More