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GSE MBS Production Softened in 1Q20, Nonbanks Lose Market Share

April 13, 2020
John Bancroft

In a nutshell, depository institutions managed to increase their sales of refinance loans sequentially while IMBs saw a drop...


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FHA Expects to Release COVID-19 Forbearance Figures by Month’s End

April 9, 2020
Maria Volkova

FHA forbearance is expected to swell in the weeks and months ahead...


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Until the Pandemic Hit, 2020 Was Shaping Up to be a Banner Year for MBS Issuance

April 9, 2020
John Bancroft

Among the top five agency MBS issuers in the first quarter, three were nonbanks: Quicken, PennyMac and UWM, according to exclusive figures from Inside Mortgage Finance...


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A Major Spike in Pandemic-Related Forbearance Requests. Ginnie Mae Especially Hard Hit

April 7, 2020
Paul Muolo

MBA said its survey covers 22.4 million loans serviced…


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Ginnie MBS Issuance Slows in1Q20, but Heads North in March

April 6, 2020
John Bancroft

Refi volume was clearly gaining speed in March. On a combined basis, deliveries of FHA and VA refi loans grew 8.4% from February…


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Exclusive: The Pandemic’s Effect on MBS Issuance in 1Q20

April 3, 2020
John Bancroft

Fannie Mae, Freddie Mac and Ginnie Mae produced $478.64 billion of new single-family MBS in the first quarter of 2020, a 5.6% drop from 4Q19...


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On the Decline in 1Q20: GSE Acquisitions of Loans with PMI

April 2, 2020
John Bancroft

Private MI business depends heavily on purchase-mortgage activity, and that’s where Fannie and Freddie saw the biggest decline...


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Subservicing Sector Continues to Grow

April 1, 2020
Paul Muolo

Ditech Financial, the nation’s 10th largest subservicer last time around, disappeared from the ranking because a large chunk of the company’s business, including subservicing assignments, was sold to New Residential Investment Corp.


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New Loan Applications Head North Amid Coronavirus Uncertainty

April 1, 2020
Paul Muolo

As New Jersey loan broker Brian Benjamin put it, “Most lenders I see now want a paystub within 30 days of closing and a verbal VOE [verification of employment] within five days of closing.”


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Coronavirus Casts a Huge Shadow on Fannie/Freddie Business

March 30, 2020
John Bancroft

Those top GSE volume states also accounted for $1.776 trillion of GSE single-family loans outstanding at the end of last year, 37.4% of the total market.


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