Value of Bank MBS Turns Higher in 3Q24 November 27, 2024 John Bancroft The largest bank holder of agency MBS at Sept. 30? That would be Bank of America at $422.1 billion.Read More
Short Takes: UWM Unveils LLPA Changes / A Tweak on Originations from MBA / Applications Rise / New Home Sales Don’t / FHA Loan Limits for 2025 / Eliminate the CFPB? / Publishing Break November 27, 2024 Paul Muolo BTIG issued a report this week, noting that short sellers in United Wholesale Mortgage are “taking cover” on the stock.Read More
Non-Agency Jumbo Share of Originations Shrinks in 3Q November 26, 2024 James Dohnert The jumbo share of total first-lien originations narrowed to 12.4% in the third quarter from 13.1% in the second.Read More
3Q24, The Best Quarter for Government Lending in Two-Plus Years November 25, 2024 Monica Hogan The top three FHA lenders: UWM, Rocket and DHI...Read More
Growing: MSRs as a Percentage of Assets November 25, 2024 Paul Muolo The market leader was Mr. Cooper, which at Sept. 30 had 61.9% of its assets invested in MSRs.Read More
Government-Insured Lending Rises During 3Q November 22, 2024 Brandon Ivey Government lending increased by 14.5% while the rest of the market rose just 4.3%.Read More
Correspondents Grow Agency Market Share in 3Q24 November 21, 2024 Andras Malatinszky Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.Read More
GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong November 21, 2024 Dennis Hollier Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.Read More
Ginnie Loan Removals Hit Level Last Seen in 2022 November 20, 2024 Namrata Bhatia Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.Read More
Refi Volume at GSEs Up 66.4% on Monthly Basis in October November 19, 2024 Dennis Hollier Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.Read More