The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.
If Calabria is tapped for the FHFA job again, more of the same can be expected: higher capital requirements, increased fees and a smaller GSE footprint.
AGMIT acquired $136.9 million of home equity loans in the third quarter and has committed to purchasing another $200 million in loans over the next several months.
Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.