Chris Bennett, a veteran MBS trader and founder of Vice Capital Markets, suggests looking to the five-year Treasury rate for current coupon mortgages.

JPMorgan Chase is no longer the largest issuer of non-agency MBS.

Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.

Make no mistake about it, all sectors slowed in the fourth quarter...

Agency MBS issuance declined by 41.1% on an annual basis in 2023.

It stands to reason that Ginnie would want to sell the HECMs it seized from Reverse Mortgage Funding.

United Wholesale Mortgage barely edged out PennyMac as the top issuer of agency MBS in 2023.

The increase in impairments in November was the largest increase seen in the sector outside of COVID.

JPMorgan Chase, the largest bank retail lender, sold $9.23 billion of mortgages in the third quarter, up 5.5% from the second quarter.

Lenders must maintain policies and procedures that detail the underwriting factors they used and retain documentation showing how they took those factors into account in the ability-to-repay determination.