The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…

Some $4.47 billion of single-family rental securities were issued in 2019, a 35% drop from the previous year…

First Guaranty Mortgage Corp., which is owned by PIMCO, has its eye on non-QM lending of $1.0 billion…

In general, commercial banks have avoided wholesale mortgage lending like the plague. But not Blue Ridge.

The company also disclosed home equity production of $3.0 billion during the period compared to $2.5 billion in the third quarter.

Fun fact: Expanded-credit MBS accounted for 66.6% of non-agency issuance in 2019, compared with 43.7% in the previous year.

The updated defect taxonomy includes changes originally implemented through the Loan Review System in 2017.

Citi's retail mortgage originations increased by nearly 80% in 2019 while First Republic's production was up by more than 50%.

According to figures compiled by Inside Mortgage Finance, all home lenders produced $700.0 billion of product in the third quarter. If the rest of the industry’s results emulate the numbers reported by Wells and JPM, it’s entirely possible that 4Q may have been better than many analysts predicted.