Pennymac sold MSR with an unpaid principal balance of $12.0 billion; Freddie Mac sold delinquent non-performing residential first liens; CSBS and MISMO open registration for MCS Tech Sprint event; Canceled home-purchase agreements reached 15% in September.
AGNC recovered earnings in the third quarter from a loss in the second. Moody's reported U.S. banks have grown lending to non-depository institutions sharply in the last decade. Bank of England governor warned that the collapse of two U.S. auto firms could be an early warning sign of weakness in private credit markets.