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
Mortgage-Related Complaints Filed With the CFPB Down in 4Q21 January 19, 2022 Andras Malatinszky However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...Read More
Lower Originations for USB but a Gain for Bank of America January 19, 2022 Paul Muolo One ominous sign for both USB and the overall industry is the bank’s mortgage application reading...Read More
High-Risk Lending Edges Up at Fannie and Freddie January 18, 2022 Namrata Bhatia Meanwhile, the share of low-risk loans — those with credit scores above 700 — dropped to 68.5%...Read More
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