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VA Mortgage Assumptions Jump in 2023

March 4, 2024
Monica Hogan
VA processed 2,244 loan assumptions in 2023, compared with 308 in the previous year.
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Annaly Brings its Largest Expanded-Credit MBS

March 4, 2024
Brandon Ivey
Annaly is a prolific issuer in the sector, but the only other time the real estate investment trust’s expanded-credit deals topped $500 million in volume was during the refinance boom during the pandemic.
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Short Takes: Recapture Tip / Home Prices Overvalued / MSR Values Improve / AI Help on Guidelines

March 4, 2024
Brandon Ivey
Servicers retained only about 20% of borrowers that refinanced their mortgages during the fourth quarter of 2023.
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Third-Party Origination Channels Gain Share in 2023

March 1, 2024
John Bancroft

Both wholesale-broker and correspondent saw significant gains in market share, a common occurrence when refinances business slows. 


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FHFA Aligns Timelines for Credit Score Transition

March 1, 2024
Dennis Hollier
“Synchronizing bi-merge credit reporting with the implementation of the new credit score model requirements will reduce complexity for market participants,” said FHFA Director Sandra Thompson.
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MBS and ABS Gathering Breaks Attendance Record

March 1, 2024
Brandon Ivey
“We’re in a euphoric market for spread products,” said Neil Aggarwal, head of securitized products at Reams Asset Management.
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NYCB Revises 4Q Financials, CEO Resigns

March 1, 2024
Brandon Ivey
NYCB’s fourth-quarter results went from a $252 million net loss as reported Jan. 31 to a $2.71 billion loss.
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CFPB to Make Changes to Reduce Conflicts of Interest Among Staff

March 1, 2024
Shannon Clark

“We are committed both to preventing conflicts of interest in our work and to preserving the independence of our staff,” said David Uejio, acting associate director of the CFPB’s supervision division.


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Short Takes: ‘Flirting With’ 7.0% / Pending Home Sales Decline / Jumbo MBS From Redwood / Congress Keeps Government Open for Another Week

March 1, 2024
Brandon Ivey
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring, a historically busy season for homebuying,” said Sam Khater, chief economist at Freddie Mac.
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Little Commingling of GSE MBS Despite Fee Reduction

February 29, 2024
John Bancroft
Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.
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Latest Imf News

  • Jumbo Mortgages Gaining Share in Originations

  • Annaly Brings Exceptionally Large Expanded-Credit MBS

  • Non-Agency MBS Investors Showing Insatiable Demand

  • Lennar Reducing Incentives for Home Purchases

More Imf News

Featured Data

  • Agency MBS Issuance Down in May as Refinance Falters

  • Correspondent Share Slips in First Quarter of 2026

  • FHA Refis Sole Bright Spot in First-Quarter Originations

  • Banks’ Mortgage Holdings Inch Down in First Quarter

More Featured Data

Featured Reports

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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