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Private MI Volume Slumped in 4Q18 Fannie/Freddie MBS

January 10, 2019
John Bancroft
Fannie and Freddie securitized $66.89 billion of single-family loans with private MI coverage during the fourth quarter…
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Market Shocker: Ginnie Mae Interim President Michael Bright Quits

January 9, 2019
Paul Muolo
Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.
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Signs of Life in the MH Market: AZ Servicer of Manufactured Housing Loans Receives Rating, MBS Issuance Likely

January 9, 2019
Brandon Ivey
Cascade services $1.3 billion of product…
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Short Takes: $249 Million in Mortgage Payments at Risk? / Will Trump Order Fannie and Freddie to Stand Down? / Assessing Mark Calabria / Lovell Buys ATTOM / LoanLogics Hires Mortgage Tech Vet

January 8, 2019
Paul Muolo, Brandon Ivey, and Namrata Bhatia
Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.
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BB&T Quietly Cuts Mortgage Staff Including Correspondent Manager

January 8, 2019
Paul Muolo
The RIFs at BB&T started in December and more are expected...
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Morningstar Expects Looser Underwriting on Non-Agency Loans in 2019

January 8, 2019
Brandon Ivey
Morningstar expects the market share will increase for ARMs, interest-only loans and mortgages with higher loan-to-value ratios…
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The Final Ginnie Mae Issue Tally for 2018: $388 Billion

January 8, 2019
George Brooks
Feeding the decline was an 18.8 percent sequential drop in VA purchase loans…
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Non-Agency MBS Issuance Nearly Doubled in 2018

January 7, 2019
Brandon Ivey
JPMorgan Chase and Redwood Trust are the dominant issuers of non-agency MBS…
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MBS/ABS Market Ends Year with Lackluster Production. Weakest Reading in Five Years

January 4, 2019
John Bancroft
The biggest reason for the slump: the decline in single-family MBS production by Fannie, Freddie and Ginnie…
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Ginnie Mae’s Accounting Woes Continued in FY 2018

January 4, 2019
Ginnie Mae again failed to correct an accounting flaw in its financial statements, prompting the Department of Housing and Ur-ban Development to withhold its opinion on the agency’s 2018 financial statement for the fifth consecutive year.
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