Better added that it expects to achieve profitability by September, with the performance measured on an earnings before interest, taxes, depreciation and amortization basis.
The Mortgage Compliance Dataset is designed to streamline supervisory compliance examinations for home loans by establishing a common language for supervisory data exchange.
“Agency MBS was the best performing domestic fixed-income asset class in the fourth quarter,” said Peter Federico, president, CEO and chief investment officer of AGNC.
The impairment rate on securitized non-qualified mortgages didn't recover in December after a spike in November that was thought to be tied to the month ending on a Sunday.
The total delinquency rate for FHA loans in Ginnie Mae mortgage-backed securities rose nearly 100 basis points from the end of September to the end of December, according to a recent Inside Mortgage Trends analysis.