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Hardest Hit by COVID-19: Lodging and Retail Loans

September 14, 2020
Yemeng Yang

MBA: The onset of the COVID-19 pandemic had a dramatic and immediate impact on lodging and retail properties, which flowed through to the underlying mortgages...


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Refi Blues: Servicers Not Doing a Very Good Job of Retaining Their Own Customers

September 14, 2020
Brandon Ivey

However, some lender/servicers stand out with higher retention rates. Quicken is one of them...


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Bank MSR Values at the Lowest Level Since 2012

September 14, 2020
John Bancroft

MSR values sank over 34% during the first seven months of 2020, according to a July update from Mike Carnes, managing director of MSR valuations at MIAC Analytics.


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Agency MBS Issuance Breaks $300B in August

September 11, 2020
John Bancroft

Fannie Mae, Freddie Mac and Ginnie Mae issued $321.83 billion of single-family MBS last month, according to an Inside MBS & ABS ranking and analysis.


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Home-Equity Lending Down Amid Refi Wave

September 10, 2020
John Bancroft

New home-equity lending declined by 14% in the second quarter while refi lending boomed.


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ARMs Anyone? Originations Actually Increased in 2Q20

September 9, 2020
Brandon Ivey

Bank of America, Wells Fargo and Chase ranked first, second and third, respectively, in terms of ARM lending in the second quarter. All are megabanks...


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Ginnie Mae Forbearance Reading Inches Up, Remains Stubbornly High

September 8, 2020
Paul Muolo

MBA's Mike Fratantoni: “The share of Ginnie Mae loans in forbearance increased again ... as the current economic crisis continues to disproportionately impact borrowers with FHA and VA loans."


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Mortgage Bankers and Brokers Keep Adding Jobs

September 8, 2020
Paul Muolo

Loan brokerage firms have increased employment by 16.3% year-over-year...


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USDA’s Mortgage Program Shows Strong Growth This Year

September 8, 2020
Maria Volkova

The bulk of the increase in USDA lending has been driven by purchase mortgages, though refinances also increased significantly.


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Expanded-Credit Originations Down but Not Out in 2Q20

September 8, 2020
Brandon Ivey

Citi led the pack with $2.46 billion of EC production in the second quarter, more than doubling its volume from 1Q20.


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