Production of FHA-insured reverse mortgages fell in the third quarter of 2019 despite of a strong housing market, according to an Inside FHA/VA Lending analysis.

November was a so-so month for MBS trading. But lending is strong.

IO lending increased in the third quarter, with First Republic leading the pack.

Wells agrees to settle a lending discrimination lawsuit filed by Philadelphia.

So, what kind of GSE questions do the Democrats ask? Topics include timelines, benchmarks, capital levels, affordable housing issues, reducing the GSE footprint and the like. All of the questions might be viewed as quite predictable…

States with high usage of the SALT deduction have seen "acute" slowdowns in home price appreciation (and even declines) since the limitation on the deduction took effect.

The non-agency MBS sector faltered during the third quarter. According to the Federal Reserve, the outstanding supply of non-agency MBS fell another 2.1% from June to $452.17 billion.

S&P has steered clear of the S&D market but still ranked third overall with a 24.4% share of year-to-date non-agency MBS ratings.

According to IMF’s tally, the top five warehouse providers in the third quarter were: JPMorgan Chase ($18.50 billion in commitments), Texas Capital ($7.95 billion), First Tennessee ($7.90 billion), TIAA FSB ($6.50 billion) and Wells Fargo ($6.00 billion).

After all, who wants to invest in a shrinking (GSE) business? Something to think about…