About one-third of total mortgage debt outstanding refinanced during the pandemic when interest rates were exceptionally low...

S&D bid prices have improved this year...

Invictus Capital Partners’ Verus Mortgage Capital is set to issue its fourth expanded-credit MBS of the year.

Instead of adding to their MBS portfolios in 2023, banks are now expected to be net sellers.

Note: The average interest rate on Ginnie refi loans was 5.93%.

Since quantitative tightening began in June 2022, the Fed hasn't come close to the $35 billion monthly cap on its MBS runoff.

Improvements in loan performance were seen across Fannie Mae, Freddie Mac and Ginnie Mae.

Resuming purchases of newly originated loans and taking part in a January securitization, Angel Oak Mortgage experienced a slight boost to start the year.

Applications for refinances increased by 1.0% last week and applications for purchase mortgages declined by 1.0%.

With interest rates elevated, there's little incentive for servicers to exercise early buyouts.