The supply of single-family mortgage-backed securities issued by Fannie Mae, Freddie Mac and Ginnie Mae grew by 0.5 percent during the second quarter, according to an exclusive analysis and ranking by Inside Mortgage Finance. Total agency MBS outstanding rose to $6.258 trillion at the end of June, which does not include whole loans held in Fannie and Freddie portfolios or government-insured loans repurchased from Ginnie pools. The market was 4.2 percent bigger than it was at the midway point in 2016. Ginnie continues...[Includes two data tables]

GreenBox was the top contributor to the new nonprime MBS with Sprout Mortgage a close second…

The House Appropriations Committee this week approved a fiscal year 2018 funding bill for the Department of Housing and Urban Development with a $135 million allocation for systems enhancements, quality control and risk management improvements in lieu of a proposed lender fee. Approved by a vote of 31 to 20, the bill provides HUD with $38.3 billion in discretionary funding for FY 2018, down $487 million from the current level. The House measure authorizes...

Over the past two years PIMCO has been a major buyer of nonprime/non-QM whole loans in the secondary market…

All of the mortgages Clayton reviewed for the MBS are safe harbor qualified mortgages.

Wells Fargo saw an 18.6 percent drop in its GSE business during the April-June cycle, but the three other megabanks had much bigger declines…

Bank of America once again reported the biggest volume of residential loan repurchases: $421 million…

It hasn’t been pretty the last couple of weeks for MBS values…

Agency mortgages produced by mortgage brokers actually rose 4.4 percent in the second quarter, even as the overall market was falling 6.1 percent.

Freddie Mac’s prepayment speeds are no longer faster than Fannie’s…