Fun fact: More VA loans were funded in the 4Q19 than FHA-backed mortgages, a rarity.

The $776.6 million deal follows a $430.3 million prime non-agency MBS from Chase last week.

Something to think about: What if Trump doesn’t get reelected? Will the Dow react differently under a President Warren or Sanders than it would a Biden or Bloomberg? Whatever happens, it won’t be boring…

Then again, not all banks are pulling back from agency servicing…

For the full year of 2019, total mortgage complaints from end users were down 9.1%...

The $699.2 million expanded-credit security tops a $681.0 million deal Invictus issued in October.

Radian bought Clayton in 2014, paying a hefty $305 million for the business, a price that many observers thought was a bit rich.

The portfolio is top heavy in Texas product at 50.1%.

No other mortgage stocks came close but there were strong valuation gains from PennyMac Financial Services, up 60% for the year, and in the mortgage insurance sector.