Refis Push Agency MBS Issuance Up in Third Quarter October 4, 2024 John Bancroft Issuance of single-family agency MBS increased by 13.1% from the second quarter, hitting its highest level in two years.Read More
Mortgage Securitization Rate Ticks Down in Second Quarter October 3, 2024 Brandon Ivey An estimated 64.2% of newly-originated home loans were securitized in the second quarter, down from 67.2% in the first quarter.Read More
Short Takes: Home Price Appreciation Slows / Weak Readings for Pending Home Sales / Warren Suggests Higher Capital Requirements for NYCB / FHFA Discloses Condo Appraisal Data September 27, 2024 Brandon Ivey The annual home price growth rate may slow further in September, according to Intercontinental Exchange.Read More
FHFA Offers Concessions With Re-Proposal on Suspended Counterparties September 26, 2024 Brandon Ivey “After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary,” the agency said.Read More
Ginnie Leads Increases in Agency MBS Outstanding September 26, 2024 John Bancroft Ginnie Mae posted a 1.8% increase to finish the second quarter with $2.445 trillion in single-family MBS outstanding.Read More
Rate Not as Aggressive on Loan Limits Ahead of FHFA September 25, 2024 Brandon Ivey Recent readings on home price appreciation suggest that annual appreciation in 2024 could be lower than expected.Read More
Mixed Trends in Originations by Channel in 2Q September 24, 2024 Andras Malatinszky The retail channel boosted its share of conventional-conforming lending by 308 basis points to 43.2% in the second quarter of 2024.Read More
Short Takes: Home Price Appreciation Slows / Homebuilders Still Offering Buydowns / Forbearance Rising / CV3 Tops $1.0 Billion in Originations September 24, 2024 Brandon Ivey Annual readings for home price appreciation are close to falling below the increase in conforming loan limits some lenders have offered for 2025.Read More
Freddie Buybacks Jump in 2Q, Fannie's Go the Other Way September 23, 2024 John Bancroft Rocket, UWM and loanDepot ranked first through third, respectively, in GSE buybacks during the first half of 2024.Read More
GSE Reform an Area of Interest for Trump Advisors September 20, 2024 Paul Muolo Much of the groundwork for administrative reform of the GSEs was laid during the previous Trump administration.Read More