Barry Habib of MBS Highway told us the Dow will hit 20,000 and then around mid-January stocks will pull back but “not crash.”

The big question is whether FHA, given the much-improved health of the Mutual Mortgage Insurance Fund, will move to lower premiums again…

Treasury controls the senior preferred stock of the GSEs. The junior preferred and common continues to trade in the over-the-counter market and through private transactions. The latter two classes of stock are considered speculative in nature.

For the first nine months of 2016, the securitization rate was 67.7 percent, Inside MBS & ABS found…

Over the past year, PHH’s share price has traded as high as $16.80 versus a 52-week low of $8.26.

A little less than $10.0 billion in prime non-agency MBS will be issued in 2016, according to estimates by Inside Nonconforming Markets.

PHH had been subservicing the loans for HSBC and the new owner of the MSRs had opted to bring the loans inhouse instead of using PHH…

Commercial banks reduced their securitized servicing by 1.9 percent during the third quarter, though they still accounted for 52.5 percent of that market.

A lender applying for direct endorsement authority will be required to submit loan files for FHA’s pre-endorsement review only after closing.

The 'Trump Bump' Hits the MSR market as well...