Refis Up Sharply in Ginnie MBS in Third Quarter October 15, 2024 Monica Hogan Ginnie issuers securitized $15.61 billion of refis through the Department of Veterans Affairs home loan program in the third quarter, a 68.5% increase from the prior period.Read More
Prime Non-Agency MBS Issuance Outpaces Expanded Credit October 14, 2024 James Dohnert Non-agency MBS issuance backed by new originations totaled $20.15 billion in the third quarter, up 17.7% from the previous quarter.Read More
Agency Servicing Tops $9.0 Trillion in Third Quarter October 11, 2024 John Bancroft Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.Read More
Mortgage Activity With MI Increases in Third Quarter October 10, 2024 Namrata Bhatia Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.Read More
GSE Business Increases in Third Quarter October 9, 2024 Dennis Hollier Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.Read More
Residential Mortgages Lift Issuance of MBS & ABS October 8, 2024 John Bancroft Residential MBS production was up 11.9% from the second quarter, hitting $341.43 billion, a two-year high.Read More
GSE Loan Deliveries in 3Q: Lower Credit Scores... October 7, 2024 Namrata Bhatia Some 9.2% of purchase loans sold to the GSEs in 3Q24 had credit scores below 700.Read More
Originations Are Up, But Sector Employment is Almost Flat October 7, 2024 Paul Muolo The good news: It was the highest residential lender jobs reading since March of this year...Read More
Teasing Out the Credit Scores of New GSE Borrowers? October 7, 2024 Paul Muolo Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.Read More
Short Takes: Improved Originations? Just Look at the MBS Numbers / What the Fed May Not Do / Jumping Into the Non-QM Pool? / A 10-Year Vet Leaves PFSI October 7, 2024 Paul Muolo Some market watchers, including lending professionals, believe the Fed is done cutting rates for the year.Read More
RSS