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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Short Takes: Strong Jobs Report / Newrez IPO Update / Radian Shifts With Non-Agency MBS / Ellington Turns to Mr. Cooper for CES

February 7, 2025
Brandon Ivey
MBA’s forecast is that the Fed will make at most one more cut this cycle.
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GSE Volume Down in South, Southwest in 2024

February 6, 2025
Dennis Hollier
GSE deliveries declined in just four states on an annual basis in 2024.
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MSR Values Boost Rithm’s Earnings in Fourth Quarter

February 6, 2025
Brandon Ivey
Rithm handled servicing with an unpaid principal balance of $844 billion as of the end of 2024.
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HEL Securitization Cools in Fourth Quarter

February 5, 2025
Brandon Ivey
Issuance involving closed-end second liens held up better than HELOCs and home equity investment activity.
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Short Takes: FICO’s Score Revenue Jumps / PennyMac Upsizes Debt Offering / Optimal Blue to Offer AI Tool / Jumbo MBS From Redwood / Better Rewards Program

February 5, 2025
Brandon Ivey
FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.
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Retail Channel Gains Share in Agency MBS in 4Q

February 4, 2025
Andras Malatinszky
Retail lending gained share from the correspondent channel in the fourth quarter.
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Rithm Plans $200 Million Offering for an Acquisition

February 4, 2025
Brandon Ivey
Michael Nierenberg is chairman and CEO of both Rithm Capital and Rithm Acquisition.
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Short Takes: Ishbia Sees Room for Refis / Non-QM Impairments Up Due to Hurricanes / Cardinal Launches Non-QM Offerings / Rate Expands Non-Agency Products

February 4, 2025
Brandon Ivey
Ishbia pointed to borrowers who received mortgages between 2022 and 2024 as prime candidates for refis.
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PennyMac’s Originations, Profits Increase in 4Q

January 31, 2025
Brandon Ivey
Income jumped by 50% on a quarterly basis at PennyMac Financial Services in the fourth quarter.
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Agency MBS Investors Expect Reduced Volatility in 2025

January 31, 2025
Brandon Ivey
David Finkelstein, CEO and co-chief investment officer of Annaly Capital Management, said the agency MBS market is “healing well” following volatility in 2022 and 2023.
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

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Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

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