Large Nonbank Share of GSE MBS Issuance Increases April 15, 2025 Dennis Hollier Large nonbanks accounted for 52.6% of mortgages delivered to the government-sponsored enterprises in the first quarter of 2025.Read More
Servicing Sales Decline by Almost 43% in 1Q25 April 14, 2025 John Bancroft Onslow Bay Financial, a subsidiary of Annaly, was the biggest buyer of MSRs in the first three months of 2025.Read More
Short Takes: A Better Deal for Better / Giving Up Some Cash / MBS Prices? / A Strike by Investors? April 14, 2025 Paul Muolo At yearend 2024, Better had $211.1 million of cash on its balance sheet, down from $503.6 million 12 months earlier.Read More
Share of Mortgages With Higher Interest Rates Rising April 11, 2025 John Bancroft Mortgages with interest rates above 6.0% accounted for 18.2% of the agency servicing market as of the end of March.Read More
HECM Endorsements Decline in 2024 April 10, 2025 Brandon Ivey HECM endorsements declined by 8.6% on an annual basis in 2024.Read More
Residential MBS Issuance Slows in First Quarter of 2025 April 9, 2025 John Bancroft Most of the decline was in agency refinance business.Read More
Non-Agency MBS Issuance Increases in First Quarter of 2025 April 8, 2025 James Dohnert Expanded-credit mortgages accounted for 58.2% of collateral in non-agency MBS issued during the first quarter.Read More
A Comeuppance for Ginnie Securitizations in First Quarter April 7, 2025 Brandon Ivey The top three issuers of Ginnie MBS in 1Q25: PennyMac, UWM and Freedom Mortgage.Read More
Mortgage Hiring Improves. But Can It Last? April 7, 2025 Paul Muolo Meanwhile, investors aren’t necessarily fleeing into the safety of the government bond market.Read More
Short Takes: Treasuries Are a Safe Haven, Right? / The Black Monday Measurement / No Comment, But… / An Award for HP Forecasting April 7, 2025 Paul Muolo At last check, UWM had at least two subservicers.Read More
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