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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.
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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.
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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.
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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.
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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...
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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...
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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...
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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.
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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%?
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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.)
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