Some $7.29 billion of non-agency MBS was issued during the fourth quarter, down 41.5% on a sequential basis.

In January of last year, the flow of VA loans into Ginnie MBS exceeded the volume of FHA loans, a trend that culminated in December, when VA accounted for 57.0% of monthly issuance.

For all of 2020, non-agency MBS issuance totaled $90.23 billion, down 20.0% from the year before...

The facility allows for originations of jumbo mortgages along with conforming loans.

Even though there was no official announcement, that policy expired on December 31.

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.

Margin compression could come at an inopportune time for nonbanks seeking to go public...

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...

The rock-bottom interest rates had substantially less impact elsewhere in the structured-finance market...

On Friday, Black Knight released its weekly forbearance report, declaring that 5.2% of all mortgages were in some form of relief, a 92,000 unit decline for the seven-day period ending Jan. 5. The data analytics vendor said despite what looked like positive news, it cited a “troubling slowdown in the rate of improvement.”