Originations and Earnings Decline at Flagstar, MSR Values Rise January 27, 2022 Paul Muolo Slated to be purchased by NYCB, this mortgage bellwether of sorts originated $10.7 billion of residential loans in 4Q21...Read More
Fannie/Freddie Conforming-Jumbo Business Levels Off January 26, 2022 Brandon Ivey Participants in the non-agency market have been gloming onto investment properties and second homes as well...Read More
As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow January 25, 2022 Brandon Ivey The growth came from VA mortgages, with FHA servicing rights actually declining.Read More
A Canary in the MBS Coal Mine: Weak Trading Volume for December January 25, 2022 Paul Muolo The full-year trading average came in at a respectable $252.8 billion...Read More
JPM Tops Prime Non-Agency MBS Issuers; UWM Leads Lenders January 24, 2022 Brandon Ivey United Wholesale Mortgage was the top originator of securitized non-agency prime mortgages in 2021, with $13.08 billion...Read More
Strong Earnings for TCBI but Warehouse Pressures January 21, 2022 Paul Muolo Last year, the depository sold its mortgage servicing portfolio — roughly $14.0 billion in MSRs — to Ocwen...Read More
ABS Issuance Hits Record in 2021, Market Cools in 4Q January 21, 2022 John Bancroft All major product groups saw significant gains in 2021...Read More
Primary MI Market Follows 2021 Product Shifts January 20, 2022 John Bancroft Agency securitization of insured refi loans fell 15.3% last year, with the private MI sector taking a hard hit.Read More
Banks Give a Glimpse of What Lies Ahead: Lower Originations January 20, 2022 Paul Muolo The best performer, in terms of sequential growth was JPMorgan Chase, up 4.6%.Read More
For Fannie and Freddie Another Record Year for MBS Issuance January 19, 2022 Dennis Hollier Depositories made up some ground on the nonbanks with a combined fourth quarter market share of 31.2%.Read More
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