Correspondents Grow Agency Market Share in 3Q24 November 21, 2024 Andras Malatinszky Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.Read More
GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong November 21, 2024 Dennis Hollier Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.Read More
Ginnie Loan Removals Hit Level Last Seen in 2022 November 20, 2024 Namrata Bhatia Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.Read More
Refi Volume at GSEs Up 66.4% on Monthly Basis in October November 19, 2024 Dennis Hollier Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.Read More
3Q24 Nonbank Earnings Damage: MSRs the Culprit November 18, 2024 John Bancroft Most of the damage came at Rocket Mortgage and Rithm/Newrez, which took hits on the asset value of their MSRs.Read More
MMIF Reading Nears 11.5%. Time to End Life-of-Loan Premiums? November 18, 2024 Monica Hogan The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.Read More
Primary MI Share Shifts Toward Government in 3Q November 15, 2024 John Bancroft Government mortgage insurance programs captured most of the primary MI gain in the third quarter.Read More
Split Trends in Ginnie Activity in October November 14, 2024 Monica Hogan Some $15.44 billion of refis were pooled into Ginnie MBS in October, a 25.7% jump from the previous month.Read More
GSEs Gain Market Share in October Amid Refi Surge November 12, 2024 John Bancroft Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.Read More
Short Takes: Mixed Trends Among Agency MBS Issuers / Home Sales Expected to Increase / Provident Bank Hires Warehouse VP From Flagstar / Achieve Expands HELOC Offerings November 12, 2024 John Bancroft and Brandon Ivey While agency MBS issuance surged in October, some of the top sellers posted declines in volume compared with September.Read More