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


After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


Housing Pulse