Demand declined for both purchase mortgages and refinances last week.

Specified pools offer MBS investors a concentration in certain characteristics in contrast to homogenous MBS in the TBA market.

Securitization of FHA loans increased 6.3% to $22.09 billion in July, while VA production was up 11.4% to $15.44 billion.

Sage is building out its mortgage investment business and to this point has focused on acquisitions of mortgage servicing rights.

The assets in the SPV include some type of service contracts, intellectual property, software and hardware.

Correspondent and broker loans were more heavily weighted toward purchase mortgages in the second quarter compared with the retail channel.

Annaly Capital Management is set to issue its 12th expanded-credit MBS of the year.

Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.

Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.

Skyward Specialty Insurance Group launched a mortgage reinsurance business.