Fannie inked just $5.26 billion in new credit-risk deals in 2020, and that total included a $425.6 million Connecticut Avenue Securities transaction...

The decline was largely tied to income from investments while Redwood's lending units are generating returns above 20%.

Mortgage applications fell by 4%, with declines in requests for both refinances and purchase mortgages.

After issuing a $345.40 million jumbo MBS in December, Redwood is in the market with a $527.40 million deal.

Roughly $249.81 billion of newly originated correspondent-generated home loans was securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the fourth quarter, up 20.3% from the prior period. This analysis covers 90.2% of the total agency market...

CMLA’s Rob Zimmer said what he finds so perplexing about the cap is that “no one saw this coming”…

January agency MBS issuance ranked as the third largest monthly total on the record books. Production was almost exactly double the amount issued in January 2020, before the pandemic led indirectly to a massive refinance wave.

The deal is sized at $146.2 million while previous MBS from Deephaven averaged closed to $400 million in volume.

The volume of FHA loans was down 4.2% for the year, including a 1.8% drop from the third to the fourth quarter. But at $1.114 trillion, FHA loans continued to represent the dominant slice of the Ginnie pie...

Servicers are buying delinquent FHA/VA mortgages out of Ginnie MBS pools, placing the notes in portfolio as part of a reclamation strategy.