New MBS production was up 32.0% from 2018 as an unexpected wave of refinancing business continued to pour into the secondary market.

The dollar volume of purchase-loan deliveries declined across all nine risk categories, with the biggest drop taking place in the highest-risk bucket.

However, two asset categories – business loans and consumer loans – saw substantially higher production in the fourth quarter...

Mortgages in the pending deal have seasoned for an average of more than four years. The collateral has no delinquencies...

“They’re buying loans, not originating,” said Gordon Albrecht, EVP of FCI Lender Services, the nation's largest hard-money subservicer.

The biggest wildcard for the sector: The Consumer Financial Protection Bureau’s handling of the QM patch...

This is FAR’s fourth HECM reverse mortgage deal and the first backed by active HECMs.

November was a so-so month for MBS trading. But lending is strong.

The non-agency MBS sector faltered during the third quarter. According to the Federal Reserve, the outstanding supply of non-agency MBS fell another 2.1% from June to $452.17 billion.