Bank Servicing for Others Level in Third Quarter December 5, 2024 Namrata Bhatia Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.Read More
Income Declines at FHLBanks in Third Quarter December 4, 2024 John Bancroft JPMorgan Chase, the system’s biggest member, reduced its FHLBank advances by 20.3% over the past year.Read More
Conforming-Jumbo Business Grows in Third Quarter December 3, 2024 Brandon Ivey In the third quarter, conforming jumbos accounted for 5.4% of total agency business.Read More
Servicing Profits a Drag for Many in 3Q24 December 2, 2024 Brandon Ivey The good news: All the firms reported positive income from production, although a few earned less than they had in 2Q24.Read More
Value of Bank MBS Turns Higher in 3Q24 November 27, 2024 John Bancroft The largest bank holder of agency MBS at Sept. 30? That would be Bank of America at $422.1 billion.Read More
Short Takes: UWM Unveils LLPA Changes / A Tweak on Originations from MBA / Applications Rise / New Home Sales Don’t / FHA Loan Limits for 2025 / Eliminate the CFPB? / Publishing Break November 27, 2024 Paul Muolo BTIG issued a report this week, noting that short sellers in United Wholesale Mortgage are “taking cover” on the stock.Read More
Non-Agency Jumbo Share of Originations Shrinks in 3Q November 26, 2024 James Dohnert The jumbo share of total first-lien originations narrowed to 12.4% in the third quarter from 13.1% in the second.Read More
3Q24, The Best Quarter for Government Lending in Two-Plus Years November 25, 2024 Monica Hogan The top three FHA lenders: UWM, Rocket and DHI...Read More
Growing: MSRs as a Percentage of Assets November 25, 2024 Paul Muolo The market leader was Mr. Cooper, which at Sept. 30 had 61.9% of its assets invested in MSRs.Read More
Government-Insured Lending Rises During 3Q November 22, 2024 Brandon Ivey Government lending increased by 14.5% while the rest of the market rose just 4.3%.Read More
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