Weak MBS trading activity usually isn’t a good sign. To some it portends a lack of liquidity, to others cloudiness in a market that has lost its way. Regardless, daily MBS trades in May were not pretty.

Fannie Mae will publish refi application activity on a weekly basis, helping MBS investors better gauge prepayment trends.

Recent court rulings on litigation involving non-agency MBS issued prior to 2008 are setting new precedents, with broad ramifications.

For now, the market is well served by two to four master servicers. But if any of them exit the market, servicing costs and transaction fees could increase.

Vacancy rates for single-family home rentals are expected to remain stable in the months ahead, but the rapid rise in rents is likely unsustainable, according to industry experts.

Nonbanks boosted their combined servicing by 4.8%, hitting $6.231 trillion...

The sales were carried out pursuant to Rule 10b5-1 trading plans...

Mortgage Capital Trading reported an even sharper drop of 10.1% for purchase rate-locks...

Retail jumbo lending tends to be dominated by banks...

It is tougher times for banks engaged in financing nonbank originators. Usage rates are down significantly and some customers are consolidating lines of credit. (Includes data chart.)