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Short Takes: Is the Party Over for GSE Common? / A Bubble Bursting on Shareholders / The King of MSR Buys: New Residential / Cleveland Rocks (for New Home Owners), Pittsburgh and OKC Too / Freddie Gets New Chairperson

January 29, 2019
Paul Muolo
New Rez’s MSR haul: $50.9 billion of agency product...
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Agency MSR Transfers (Sales) Up a Solid 13.9 Percent in 2018

January 28, 2019
John Bancroft
The three most active sellers of bulk MSRs: Stearns Lending, United Wholesale Mortgage and loanDepot, according to exclusive figures from Inside Mortgage Trends…
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Commercial MBS Issuance Declined Slightly in 2018

January 25, 2019
John Bancroft
The flow of multifamily mortgages into non-agency CMBS actually rose slightly in 2018, including a burst of activity in the fourth quarter.
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A Market In Transition: Originations Hit Four-Year Low in 4Q18

January 24, 2019
John Bancroft
Among the nation’s top 10 originators, United Wholesale Mortgage was a standout, growing production by 40.8 percent in 2018…
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A Profit Decline for Top-Ranked Warehouser Texas Capital

January 24, 2019
Paul Muolo
Mortgage finance assets comprise 32.0 percent of Texas Capital's asset base...
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Flagstar Sees Residential Originations Plummet

January 22, 2019
Paul Muolo
Flagstar CEO Alessandro DiNello: “Our mortgage business was softer than we expected."
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Don’t Look Now but Jumbo LTVs are on the Rise: 76 Percent and Climbing…

January 22, 2019
Brandon Ivey
However, the rise in the LTV ratio occurred as issuance volume declined…
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FHA/VA Default Rates Edge Higher

January 22, 2019
John Bancroft
The serious delinquency rate was a different story…
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Megabanks’ Originations Weak, MSR Values an Issue

January 18, 2019
Paul Muolo
Publicly traded nonbank giants, including PennyMac and Mr. Cooper, have yet to report results, but there’s nothing to suggest these shops will fare much better…
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ABS Issuance Hits Post-Crisis High Despite Soft Landing

January 18, 2019
John Bancroft
The only ABS to show increased production in 4Q18 were deals backed by business loans.
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