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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Short Takes: Fed’s Impact on Mortgage Rates / FHA Servicers Struggled Amid COVID / Ginnie Extends RON / Unknown Lenders in Annaly’s MBS

June 15, 2023
Brandon Ivey
Just because the Fed paused its interest rate increases doesn't mean rates on mortgages will stop going up.
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GSE MBS Issuance Increases in May

June 14, 2023
Dennis Hollier
Among the top 100 GSE lenders in May, most saw a significant sequential increase in production.
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Short Takes: FHA Offers Translated Docs / Redwood Cuts Dividend / Strong Demand for Change’s MBS / New Hire at Cenlar

June 14, 2023
Brandon Ivey and Paul Muolo
The translated documents include loan application materials, model documents and various disclosures...
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MSR Marks Drag Down Mortgage-Banking Income

June 13, 2023
John Bancroft
Operating income from servicing is stable; fluctuations in MSR valuations account for most of the ups and downs in the sector.
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Redwood Partners With Oaktree on Bridge Loans

June 13, 2023
Brandon Ivey
Redwood's CoreVest originated $264 million of bridge loans in the first quarter of 2023.
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Agency MBS Issuance Begins to Find Its Legs

June 12, 2023
John Bancroft
All three agencies saw rising business in May...
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Researchers Find Climate-Driven Changes in MBS Deliveries

June 9, 2023
Dennis Hollier
The economists used the government-sponsored enterprises’ conforming loan limits to examine lenders’ choices in the wake of a significant disaster.
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Short Takes: Foreclosures Increase / Affordability Improves / Upgrades for Velocity’s MBS

June 9, 2023
Brandon Ivey
Foreclosure filings increased in May.
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CRA Treatment of Ginnie Buyouts Under Scrutiny

June 8, 2023
Monica Hogan
There's some uncertainty on how revisions to Community Reinvestment Act standards will treat repurchases of delinquent loans pulled from Ginnie Mae pools.
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Short Takes: Rate Locks Decline in May / Community Banks Pulling Back / Leo Leaving SFA / Homeowners Insurance and Affordability

June 8, 2023
Brandon Ivey
Locks for both purchase mortgages and refis declined on a monthly basis in May.
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