Seven (Banking) Bellwethers Report 3Q Originations. The Verdict? October 20, 2022 Paul Muolo The big question on the minds of many is just how good or bad the nation’s nonbanks performed in 3Q...Read More
Prime Non-Agency MBS Issuance Craters in 3Q22 October 18, 2022 Brandon Ivey Lenders are still originating plenty of mortgages that back prime non-agency MBS — it’s just that the loans are residing elsewhere...Read More
Ginnie MBS Issuance Continues to Slope Downward October 17, 2022 The top-three Ginnie issuers through the first nine months of 2022: PennyMac, Rocket Mortgage and Lakeview...Read More
U.S. Bank Bucks the Trend, Increases Home Lending in 3Q. A Large Decline for BofA October 17, 2022 Paul Muolo BofA also reduced its home-equity volume, producing $2.4 billion of loans in 3Q22 compared to $2.5 billion the quarter before...Read More
Non-Agency MBS Market Runs Aground in 3Q22 October 14, 2022 John Bancroft It was the steepest decline since COVID, when production plummeted 45.1% in the second quarter of 2020.Read More
Mortgage Bellwethers Wells and JPM Disclose 3Q Originations. It’s Not Pretty October 14, 2022 The only silver lining: Both saw the asset value of their servicing portfolios rise in the quarter, JPM’s by 7%, Wells 9%.Read More
Nonbank Share of Ginnie MSR Market Just Shy of 80% at Sept. 30 October 13, 2022 John Bancroft Will changes to the eligibility rules alter the incredible grip nonbanks have on the GNMA market?Read More
Lenders Bracing for Stagnant Home Prices Next Few Years. GSE Loan Limits? October 13, 2022 Brandon Ivey Bearish? Fannie Mae now expects home prices to decline by 1.5% on an annual basis compared to a previously estimate of +4.4%...Read More
MBA's PAC Funded 2020 Presidential Vote Objectors October 12, 2022 Monica Hogan In all, MORPAC contributed nearly $1.1 million to federal candidates in the election cycle...Read More
Private MI Loses Market Share to FHA/VA in 3Q22 October 12, 2022 Brandon Ivey Issuance of MBS with FHA purchase mortgages increased 8.1% from the second quarter...Read More
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