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Inside Mortgage Trends
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Bank MSR Valuations Sink To a 3-Year Low in 3Q19

December 13, 2019
John Bancroft

Most of the banking industry's decline in servicing for others was attributable to a $26 billion drop at Wells Fargo.


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Mortgage Hiring was Strong in the Fall. As for 2020…

December 13, 2019
Paul Muolo

A new year is upon us and even though production should slow in 2020, several lenders have big-time hiring plans, including Angel Oak and UWM.


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Lenders Report Big Gain in Production Income in 3Q19

December 13, 2019
John Bancroft

The industry increased profits on the production side of the aisle by pushing a higher volume of business through their platforms, reducing per-loan costs for personnel, occupancy and technology. (Includes data chart.)


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China Leading Blockchain Use in Securitizations: Fitch

December 13, 2019
Yemeng Yang

The application of blockchain technology in asset securitizations is growing faster in China than in other parts of the world, with at least eight deals completed.


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VA Program Use Strongest Around Military Bases

December 13, 2019
George Brooks

A new paper published by Harvard University found that VA lending is strongest in areas near major military installations. Another finding: VA lending as a share of all mortgages has increased faster in places with higher concentrations of veterans or active-duty personnel.


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American Mortgage's Plan: You Work It, You Own It

December 13, 2019
Yemeng Yang

A one-year-old mortgage startup in California decided to become fully owned by its employees. The concept is rare, but not necessarily new.


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Bank Mortgage Repurchases Hit Record Low in 3Q19

December 13, 2019
John Bancroft

Mortgage repurchases and indemnifications by banks and thrifts declined 22.6% from the second to the third quarter, and repurchase reserves fell to their lowest level ever. (Includes data chart.)


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Downpayment Assistance Doesn’t Increase Defaults

December 13, 2019
Brandon Ivey

Findings by HUD that mortgages with DPA perform worse than other loans fail to include important controls, according to research published by the St. Louis Fed. In other words, downpayment assistance loans aren't so risky after all.


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Seller Buybacks of GSE Loans Decline in 3Q19

November 27, 2019
John Bancroft
Freddie repurchase activity continued to be disproportionately high in the third quarter, though GSE buybacks and the pipeline of unresolved cases fell slightly. (Includes two data charts.)
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A Bank Leads Volume Gainers in 3Q19

November 27, 2019
Paul Muolo
TD Bank led the lending pack in terms of sequential growth in the third quarter: 76.2%, according to a new Inside Mortgage Trends ranking. Could this mark a sea change for banks in mortgages? Probably not. (Includes data chart.)
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