Multifamily Loans Drive Up Commercial MBS Issuance November 7, 2024 John Bancroft Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.Read More
GSEs Increase Mortgage Holdings in Third Quarter November 6, 2024 Dennis Hollier Fannie Mae and Freddie Mac had $182.3 billion in mortgage holdings (measuring mortgage-backed securities and loans) at the end of the third quarter.Read More
Complaints to CFPB Involving Mortgages Stand Out November 5, 2024 Shannon Clark Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.Read More
A Banner Month for Mortgage Hiring. However... November 4, 2024 Paul Muolo At some shops, mortgage bankers are trying to do more with less, aided by technology.Read More
Depositories Generate Small Gains in Mortgage-Banking Income During 3Q24 November 4, 2024 John Bancroft Fifteen banks tracked by Inside Mortgage Trends said their mortgage-banking income declined from the second to the third quarter.Read More
Large Nonbanks Increase Their Servicing Share in Third Quarter November 1, 2024 Brandon Ivey Mr. Cooper and other nonbanks are growing through a mix of in-house originations and acquisitions, with an emphasis on the latter.Read More
A Four-Year High on FHA Delinquencies. Time to Worry? October 28, 2024 Monica Hogan FHA delinquencies haven't been this high since the early days of COVID.Read More
Servicing Values Take a Hit in 3Q October 28, 2024 Paul Muolo One advisor, requesting anonymity, said he had a couple of clients who took “double-digit” markdowns.Read More
Short Takes: An Adjustment for Warehouse? / Debt and Rates? / Eye on the 10-Year / Chopra Not Speaking at MBA / Pricey Paper for Onity October 28, 2024 Paul Muolo and Brandon Ivey Is there a connection between interest rates and deficits? There is for subprime borrowers...Read More
Refis Help to Push Up Originations in Third Quarter October 25, 2024 Brandon Ivey The uptick in the third quarter this year was the first time originations increased from the second quarter to the third quarter since 2020.Read More
RSS