Government-Insured Lending Gains Share in First Quarter May 24, 2024 Brandon Ivey Government-insured production increased by 11.0% compared with the fourth quarter while total first-lien originations were up 3.2% during that time.Read More
Ginnie to Allow eNotes in Same Pool as Traditional Paper May 21, 2024 Dennis Hollier Ginnie will begin mixing eNotes and paper notes within the same pools.Read More
Short Takes: Another Debt Offering From PFSI / Paying Dividends / 5,000 Brokers / GNMA Moves Forward on Digital / Subservicer Hires Industry Vet Vida May 20, 2024 Paul Muolo Roughly 5,000 brokers attended UWM's event in Pontiac last week...Read More
Purchase Mortgages Push Ginnie MBS Up in April May 16, 2024 Monica Hogan The flow of purchase mortgages in Ginnie Mae MBS increased 15.0% from March levels, while securitization of refinance loans dropped 9.2%.Read More
Agency MBS Issuance Increases in April; Refis Down May 8, 2024 John Bancroft The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.Read More
Correspondent Channel Loses Share in Agency Market May 7, 2024 Andras Malatinszky The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.Read More
Revenues Plunge at Reverse Lender Finance of America May 7, 2024 Paul Muolo Total revenues fell to $74.6 million in the first quarter of 2024 from $275.7 million in 4Q23.Read More
Surprise: Freedom's Production Soars in First Quarter May 6, 2024 Brandon Ivey “We are very opportunistic in certain markets in which we like the vintage and the availability of credit,” Patterson said.Read More
Refi Surge Boosts Ginnie Loan Liquidations in 1Q April 29, 2024 John Bancroft In case you missed it: The VA reported an astronomical increase in its interest rate reduction refinance program in early 2024...Read More
Delinquencies on Agency MBS Decline in First Quarter April 24, 2024 Namrata Bhatia The overall delinquency rate across all three agencies declined 36 basis points in the first quarter to 2.78%.Read More