The prime non-agency market took a disproportionate decline in securitization rate during the third quarter, while the government-insured sector was relatively unscathed. (Includes data chart.)

Bank holding companies reported an increase in agency MBS held in trading accounts in the third quarter, plus smaller gains in CMBS and ABS. (Includes data chart.)

Top 100 lender production was down 22% in the third quarter, as were credit union originations. Total nonbank originations and retail lending through bank lending platforms fell 23%. (Includes two data charts.)

The data suggest that more GSE business met various social criteria up until the historic binge in refinancing activity in 2020. (Includes data chart.)

New rules from the FHFA require Fannie and Freddie to hold more capital for commingled Supers...

The worst of all time (WOAT) was 2007, from which sellers repurchased 7.40% of GSE issuance.

Seller repurchases from Fannie/Freddie MBS continued to climb in the third quarter, although the pipeline of unresolved claims declined a bit. A third-party study shows the critical-defect rate was down slightly in early 2022 as lenders grapple with a challenging market. (Includes three data charts.)

For many homeowners, their current mortgage rate is too valuable (low) to give up...

Commercial banks and the Federal Reserve pulled back from the MBS market in the third quarter, but the supply of outstanding securities continued to grow. Money-market funds and other investors appear to be picking up some of the slack. (Includes two data charts.)

The sharp slowdown in issuance of uniform MBS and Ginnie pass-throughs during the third quarter led to a parallel decline in second-level securitizations. (Includes two data charts.)