Private mortgage insurers appeared to gain market share in the third quarter of 2018 as purchase-mortgage lending surged in the agency market, according to an exclusive ranking and analysis by Inside Mortgage Finance. [Includes three data charts]

Stephanie Miller of Fannie Mae said the GSEs are working with SIFMA on the transition to the single security.

New nonagency deals are pending from loanDepot and New Residential as well…

HSBC will pay $765 million to settle charges brought by the Department of Justice...

Despite the good news, DBRS said if the economic environment becomes more distressed, some non-QM borrowers may come under pressure…

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

In his report, KBW analyst Bose George said, “While Mel Watt, director of the FHFA, was questioned about some of these issues in past congressional hearings, this will be the first hearing to focus exclusively on this topic.”

Issuers pooled $19.63 billion of FHA and VA refi loans during the third quarter, down 11.6 percent from the previous period…

Frater was also executive vice president at PNC Financial Services...

New MBS and ABS issuance was up slightly from the second to the third quarter of 2018 only because housing markets produced a modest gain in agency single-family business, according to a new analysis and ranking by Inside MBS & ABS. [Includes three data charts.]