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The Final Tally: Nonbank Earnings Plummet as Margins Shrink in 2Q

August 25, 2021
John Bancroft
Nonbank earnings season is over. The bottom line: profits fell, but that was to be expected. The big question: Where do we go from here?
Read More

As Summer Comes to An End, Applications Rise

August 25, 2021
Paul Muolo
The FHA share of total applications increased to 11.0% of the pie compared to 9.4% the week prior...
Read More

Banks Change Course and Add Servicing-for-Others. However...

August 24, 2021
John Bancroft
Federally insured depositories reported $3.088 trillion of servicing-for-others at June 30, mostly representing loans residing in MBS trusts...
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Mr. Cooper Reveals Potential Stock Sales by Chairman/CEO

August 24, 2021
Paul Muolo
The 10b5-1 plan was designed to comply with SEC rules and the lender's insider trading policies and guidelines.
Read More

New Tally Offers More Proof of a Decline in Lending Profits

August 24, 2021
Paul Muolo
Say it ain't so, Joe: Origination profits per loan continue to decline...
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No Respite for FHLBanks in 2Q21 from COVID Beating

August 24, 2021
Dennis Hollier
The FHLBanks’ poor performance has been largely driven by plummeting asset levels.
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Banks Favor GSE Paper as Industry Pads MBS Holdings

August 23, 2021
John Bancroft
Year-over-year, Bank of America increased its MBS holdings by a stunning 82.5%.
Read More

GSE Investment-Property Business Drops in Second Quarter

August 20, 2021
Brandon Ivey
GSE securitization of investment-property mortgages fell by 33% on a sequential basis in the second quarter, while overall single-family GSE activity was down only 5%.
Read More

Non-Agency Lending Jumps in 2Q, Agency Production Declines

August 19, 2021
John Bancroft
Production of jumbos and expanded-credit mortgages spiked while agency lending deflated.
Read More

GSE CRT Issuance Slows in Second Quarter

August 18, 2021
John Bancroft
Freddie's issuance fell by more than 50% from the first quarter and Fannie remained inactive.
Read More
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