All three agencies saw double-digit declines in new production, but Fannie Mae experienced the the biggest decline.

New issuance of Fannie Mae, Freddie Mac and Ginnie Mae single-family MBS fell 13.7 percent from October to November, according to a new Inside MBS & ABS analysis of loan-level data. The three agencies produced $80.23 billion of single-family MBS last month, the lowest amount since June. November also marked the first monthly decline in new production after seven consecutive monthly gains that started in April. All three agencies saw...[Includes two data charts]

If you’re looking to buy a foreclosure for a quick “flip,” you might want to act quickly. Inventory is shrinking rapidly...

Mortgage lenders have been chasing purchase-mortgage business since the refinance market started to subside early in 2013, but the refi sector showed considerable strength during the third quarter of this year, according to a new Inside Mortgage Finance ranking and analysis. Refinance originations increased by 21.4 percent from the second quarter to the third, with an estimated $136 billion in production volume. At the same time, purchase-mortgage originations rose by just 5.6 percent, to an estimated $209 billion. Refi lending is...[Includes five data charts]

The sharp increase in industry holdings was fueled by a massive acquisition of credit card ABS by TD Bank...

Eventually, PMFS hopes to securitize its originations through PMMIT. Initially, its maximum loan amount will be $10 million,

The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.

As one West Coast-based mortgage executive told IMFnews: “It can be a very tough space. You need lots of capital."

At the same time, the market share of GSE business has been redistributed toward the smaller lenders.

The IMA package – top heavy with California and Florida loans – includes $110.8 million of Ginnie Mae receivables.