As Members Pony Up to the Advance Window, Profits Rise at the FHLBs... March 20, 2023 Dennis Hollier The FHLB Atlanta had the largest quarterly gain, with profits rising 57.4%...Read More
As Banks Retreat from MBS, Other Investors Step Up March 17, 2023 John Bancroft That retrenchment marks the slowest quarterly growth rate since early 2019...Read More
When Forced to Sell HTM Assets (MBS), the Red Ink Flows March 17, 2023 Paul Muolo SVB’s holdings of available-for-sale MBS totaled $8.46 billion or just 4.0% of its total asset base...Read More
Mortgage Servicing Market Leans More to Whole Loans March 16, 2023 John Bancroft Building a portfolio of home loans through branch offices is about as old-school as business gets.Read More
A Slight Increase for Nonprime Servicing Balances March 15, 2023 Brandon Ivey Credit Suisse’s Select Portfolio Servicing was the largest nonprime servicer, by far, at Dec. 31, with $141.0 billion...Read More
Warehouse Volumes Suffer as Profitability Wanes March 14, 2023 Paul Muolo As one financier put it: “I’d estimate 20% to 25% of my lenders missed their profitability covenants"...Read More
Another Downturn in Ginnie Issuance March 14, 2023 Monica Hogan Among the top 10 Ginnie issuers for the month, just one was a federally insured depository: U.S. Bank...Read More
The Lone Origination Bright Spot for 2022: Expanded-Credit March 13, 2023 Brandon Ivey The top three expanded-credit lenders in 2022: Citibank, Angel Oak and Guaranteed Rate...Read More
In a Tight Contest, Fitch Edges Kroll in RMBS Ratings March 13, 2023 John Bancroft S&P was the top rating service in vehicle ABS with a 38.9% share.Read More
Down Once Again: REIT Holdings of MBS March 10, 2023 John Bancroft While it leaned away from MBS, Annaly continued to grow its portfolio of MSRs...Read More
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