Government (Agency) MBS Activity

Agency Third Party Originations Market

Chart showing volume and average underwriting characteristics by quarter from 1Q14 to 3Q14 for correspondent and broker channels. Breakouts are volume, market share, loan size, FICO score, loan-to-value ratio and debt-to-income ratio.

3Q14 Data

Poll

HUD has announced a 25 basis point cut in FHA premiums, which is slated to take effect in late January. Is your lending shop for or against a cut in FHA premiums?

For. It should help lending volumes.
Against. The private MI sector should take on this risk, not the government.
Too early to say.
I believe the new White House may scuttle the idea so it doesn’t matter.

vote to see results