She brought a certain depth of knowledge to the table for her boss, Ben Carson, a career brain surgeon with little in the way of housing and mortgage experience.
With Mel Watt’s term as FHFA director ending in early January, a new director appointed by President Trump is widely expected to take actions to reduce the GSEs’ footprint…
Loans with DTI ratios exceeding 50 percent accounted for 29.60 percent of FHA business in Ginnie MBS during the first two months of the fourth quarter…
The supply of single-family non-agency MBS continued to decline in the third quarter of 2018, but the sector may be nearing a turnaround point, according to a new Inside MBS & ABS analysis of outstanding mortgage securities. [Includes two data charts.]
With more lenders eyeing the non-qualified mortgage sector for entry in 2019, the deal volume for non-agency MBS could pick up significantly in the quarters ahead.
Prices for seasoned performing whole loans declined slightly during the third quarter, according to MountainView Financial Solutions. The secondary market for performing/re-performing whole loans has been “extremely active” this year, according to the firm’s residential whole-loan trading desk and transaction advisory teams.
The average daily trading volume in agency MBS fell to $206.4 billion during November, the worst reading since August and the third lowest of the year, according to figures compiled by the Se-curities Industry and Financial Markets Association.
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