Mortgage Delinquencies Continue to Fall September 23, 2022 Dennis Hollier Loan performance at Fannie and Freddie leads overall delinquency rates to a two-decade low.Read More
A Flurry of Fannie CRT Activity September 23, 2022 Dennis Hollier Have CRT transactions become more expensive as interest rates rise? It looks that way for Fannie CAS REMICs.Read More
Fannie Taps a New Chief Risk Officer September 23, 2022 Dennis Hollier Morgan Stanley executive Anthony Moon will become at least Fannie’s third CRO in less than two years.Read More
Fannie Unloads Another Batch of RPLs September 23, 2022 Dennis Hollier Fannie’s 27th RPL sale dispatches 6,060 loans with a UPB of nearly $1.0 billion.Read More
Brokers Steamed at Fannie Mae Over TPO Fee September 23, 2022 Dennis Hollier The GSEs have discretion when setting prices so long as they meet minimum pricing guidance from their regulator...Read More
ICE's Purchase of Black Knight? Not a Done Deal by Any Means September 23, 2022 Sam Manas A few months back, the CHLA called on DOJ to conduct a comprehensive antitrust review of the deal...Read More
Trouble in the Fix-n-Flip Market? Not Yet… September 23, 2022 Paul Muolo The average gross profit on a fix-and-flip project in 2Q: $73,7000...Read More
Kroll Holds Lead in MBS Ratings, S&P Ups ABS Share September 23, 2022 John Bancroft Kroll held onto the top spot in rating non-agency MBS despite a 50.8% decline in quarterly volume.Read More
Short Takes: The Formula for Survival / Rates, A Historical Perspective / Bullish on MBS REITs / MSRs for Sale / AGMIT Gets a New CEO September 23, 2022 What might a 7% conventional mortgage do to the housing and mortgage markets? 8%?Read More
Bank Mortgage Sales Down in 2Q22, Pipeline Low as Well September 23, 2022 Namrata Bhatia Commercial banks and savings institutions reported significant declines in secondary market mortgage activity during the second quarter. Home loans held for sale on banks’ books also saw a severe drop. (Includes two data charts.)Read More