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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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GSE Conforming Jumbo Volume Spikes in Second Quarter

July 11, 2024
James Dohnert
Some $9.71 billion of conforming jumbos were included in GSE MBS issued during the second quarter.
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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Purchase Mortgages Boost Ginnie Issuance in 2Q

July 9, 2024
Monica Hogan
Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.
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SFA Sees Non-Agency Threat in Freddie’s CES Pilot

July 9, 2024
James Dohnert
The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.
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Cherry Hill Moves Toward Internal Management

July 9, 2024
Brandon Ivey
The move would mean breaking from the external management by Cherry Hill Mortgage Management, which is owned by Stanley Middleman, CEO of Freedom Mortgage.
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Short Takes: FHLBank of Chicago Accepts VantageScore / The Reason for Rate’s Rebrand / New Scratch-and-Dent MBS

July 9, 2024
Brandon Ivey
Members of the FHLBank of Chicago can pledge collateral to the bank with VantageScore credit scores rather than the traditional FICO score.
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Non-Agency Securitization Marks a Gain. However…

July 8, 2024
James Dohnert
JPMorgan Chase, once again, was the top non-agency MBS issuer in the quarter...
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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024
Brandon Ivey
Pending home sales in June declined on an annual basis at a rate not seen in four months.
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Ginnie Proposes New Pool Type to Help HECM Lenders

June 28, 2024
Monica Hogan
The proposal aims to address issues similar to those that led to the failure of Reverse Mortgage Funding.
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MSR Investors Expect ‘Feeding Frenzy’ During Refi Wave

June 28, 2024
Brandon Ivey
Prepayment rates are expected to be higher than in previous refinance cycles because lenders have bumped up spending on technology to improve recapture rates and loan originators are eagerly anticipating increasing their volume.
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