REIT MBS Investments Up Almost 19% From a Year Ago December 4, 2023 John Bancroft AGNC posted a hefty 19.4% increase in its agency MBS portfolio...Read More
More Pain for Warehouse Financiers December 4, 2023 Paul Muolo Over the past year, a handful of banks have exited the warehouse finance sector, including Comerica and Fifth Third.Read More
Trends in Purchase-Mortgage Sector Vary in 3Q December 1, 2023 John Bancroft United Wholesale Mortgage ranked as the top producer of purchase mortgages in the first nine months of 2023 with $73.17 billion.Read More
Servicing Income Helping to Prop Up Lenders November 30, 2023 John Bancroft Large mortgage companies are seeing flat income from originations and increasing income from servicing.Read More
FHLBank Earnings, Advance Usage Down in Third Quarter November 29, 2023 Dennis Hollier The 11 Federal Home Loan Banks reported net income of $1.74 billion for the third quarter, down 5.7% from the previous period.Read More
Market Share Gains for Correspondent Lenders November 27, 2023 John Bancroft A number of competitors in the correspondent channel registered eye-popping growth...Read More
Ginnie MSR Sales Increase in Third Quarter November 22, 2023 John Bancroft Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.Read More
Jumbo Originations Decline in Third Quarter November 21, 2023 James Dohnert Jumbo production declined by 6.0% in the third quarter and the sector lost some market share.Read More
Banks Continue to Shed Mortgage Securities November 20, 2023 John Bancroft However, banks also held $58.99 billion of residential MBS in trading accounts, up $15.28 billion from June.Read More
Agency Sectors Gain Share in Third Quarter November 17, 2023 John Bancroft With total first-lien originations sinking 3.8%, the agency share of the market rose to 85.7%, its highest level since early 2021.Read More
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