Earnings Season is About to Start. Hope for Mortgage Bankers? January 11, 2022 As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”Read More
A Record-Setting Year for Ginnie Mae MBS Issuance January 10, 2022 Brandon Ivey The top issuer for the year: Freedom Mortgage with a whopping $106.9 billion...Read More
Mortgage Pink Slips Begin to Proliferate. Non-QM Sector Insulated? January 10, 2022 Paul Muolo In recent interviews, mortgage executives, overall, have revealed mixed plans regarding hiring...Read More
The Final MBS/ABS Tally for 2021: A Record $4.3 Trillion January 7, 2022 John Bancroft Continued low interest rates, courtesy of the pandemic, was a key factor in the results...Read More
Agencies Set Annual Record In 2021 Despite a Slower 4Q January 6, 2022 John Bancroft Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.Read More
ARM Production Increases, But Don't Get Too Excited... January 5, 2022 Brandon Ivey The top five ARM lenders through the first nine months of 2021: Bank of America, Chase, Wells Fargo, First Republic and Citigroup...Read More
Mortgage Banking Results Mixed at Banks and Thrifts January 4, 2022 John Bancroft A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...Read More
2022 Is Here. Time to Shine for Purchase-Money Lenders? January 3, 2022 Paul Muolo Squarely in the bullish camp: originators of non-qualified mortgages...Read More
Fitch Tops in RMBS Ratings, S&P Leads the Pack in ABS Market January 3, 2022 John Bancroft Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.Read More
Redfin: Yet Another New Record for Home Sale Prices December 30, 2021 Monica Hogan “We see this slowdown as a temporary consequence of the holidays, not as an indication that homebuyer demand is backing off,” said Redfin Deputy Chief economist Taylor Marr.Read More