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House Passes 2023 HUD Appropriations

July 27, 2022
Monica Hogan
The Mortgage Bankers Association, in a letter to House leadership, supported funding Federal Housing Administration staffing and systems upgrade and said it wanted more funding for Ginnie Mae staffing, training and technology.
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AGNC Takes $679 Million Loss in 2Q, Sees Brighter Future

July 26, 2022
Brandon Ivey
The REIT's ongoing losses were driven by volatility in interest rates amid actions by the Federal Reserve, which lead to lower values for agency MBS.
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CFPB to Focus on Clarifying Rules

July 26, 2022
Sam Manas
Chopra says he wants “to more clearly communicate the agency’s expectations..."
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FHFA Working on Fix for Commingled Securities Fee

July 26, 2022
Dennis Hollier
Thompson tells industry group the fix might require another change to the capital rule.
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Short Takes: House Price Appreciation Still Tops 18%; Fannie Taps New Chief Human Resources Officer; Foreclosure Starts on the Upswing

July 26, 2022
Dennis Hollier
FHFA HPI dips slightly; foreclosure starts go the other way.
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Delinquencies on Ginnie MBS Increase After Long Decline

July 25, 2022
Monica Hogan
Most of the increase in the Ginnie delinquency rate was on the FHA side.
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Western Alliance Bank’s Lending Holds Up in Second Quarter

July 25, 2022
Brandon Ivey
Originations at the bank were essentially flat in the second quarter while margins dropped.
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Radian Launches Non-Agency Conduit

July 25, 2022
Paul Muolo
Radian joins Arch MI as mortgage insurance companies that now have non-agency conduit operations.
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MBS Participants Seek ESG Standardization

July 25, 2022
Sam Manas
ESG characteristics remain a hot topic in the MBS market but there's no standardization in data or practices.
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Short Takes: Delinquencies Rise; FTHBs Look to ARMs; Loss for Agency MBS REIT

July 25, 2022
Brandon Ivey
After three months of declines, mortgages delinquencies increased in June.
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