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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Bank Mortgage-Banking Income Ticks Down in 1Q

May 6, 2026
John Bancroft
Earnings were depressed for both production and servicing.
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Short Takes: Interest Rates Head Higher / Losses Increase at loanDepot / Sales of New Homes Increase in March / Pennymac’s REIT Turns Profit in 1Q

May 6, 2026
Brandon Ivey
Issues stemming from the war with Iran helped to push interest rates on mortgages up last week.
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Fannie, Freddie Differ With Portfolio Additions in 1Q

May 5, 2026
Dennis Hollier
Fannie added MBS at a fast pace and Freddie reduced its whole-loan holdings.
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Short Takes: UWM Frustrated by Two Harbors / Heated Rivalry With Credit Scores / Banks See Increasing Demand for HELOCs / Non-Agency REITs Take Losses in 1Q

May 5, 2026
Brandon Ivey
While UWM has repeatedly raised its bid price and made other concessions, Two Harbors has opted to move forward with an acquisition by CrossCountry Mortgage.
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Refis Boost Retail Lenders' Market Share in 1Q

May 4, 2026
Andras Malatinszky
Agency loan securitization volume dropped across all three lending channels in the first quarter, though retail lenders increased their footprint by shrinking less than correspondent aggregators or wholesale-broker originators.
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Trump Stirs Up GSE Public Offering Talks

May 4, 2026
Dennis Hollier
After weeks of silence on the status of Fannie Mae and Freddie Mac, President Trump stirred up shareholders this weekend by bringing up the concept of a public offering at two separate events.
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VantageScore 4.0 Unlikely to Have Major Impact on Agency MBS

May 1, 2026
Dennis Hollier
In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.
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Short Takes: Redwood Markets Pair of New MBS / Homeowners Insurance Premium Growth Slows / ICE Mortgage Technology Segment Earnings Stay Steady

May 1, 2026
James Dohnert
Redwood has begun marketing one expanded-credit MBS and one jumbo MBS.
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AD Mortgage Credits Flagstar Acquisition for Expansion

April 29, 2026
Abby Zimmardi
A&D Mortgage credited its acquisition of Flagstar Bank's TPO platform for growing its lending footprint.
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Short Takes: Castlelake, Redwood Team on Jumbo Deal / MBA Backs Revised Basel III Proposal During House Hearing / JPMorgan Markets MBS of High LTV Loans / Single-Family Housing Starts Increase

April 29, 2026
James Dohnert
Castlelake, Redwood team to purchase up to $8 billion of prime loans; MBA's Broeksmit signals support for Basel III reproposal; Single-family housing starts increase in March.
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