Servicing Transfers (Sales) Continued to Slow in 3Q24 October 21, 2024 John Bancroft One busy seller of mortgage servicing rights was CMG Mortgage of San Ramon, CA...Read More
There Goes the Mini Refi Boom? October 21, 2024 Paul Muolo Sales of MSRs have been slow, but some owners of MSRs could decide to unload a portion of their holdings...Read More
Primary MI Volume Increases in Third Quarter October 18, 2024 Brandon Ivey The increase in the use of primary MI during the third quarter was sharpest in refinances.Read More
Core Products Remain the Focus at GSEs in 3Q October 17, 2024 James Dohnert Noncore products are loans in which the non-agency market competes with the GSEs.Read More
Non-Agency MBS Issuance in 2024 Well Above 2023 October 16, 2024 John Bancroft Some $93.98 billion of non-agency MBS was issued year-to-date through September, putting the market on track for its best year since 2021.Read More
Refis Up Sharply in Ginnie MBS in Third Quarter October 15, 2024 Monica Hogan Ginnie issuers securitized $15.61 billion of refis through the Department of Veterans Affairs home loan program in the third quarter, a 68.5% increase from the prior period.Read More
Prime Non-Agency MBS Issuance Outpaces Expanded Credit October 14, 2024 James Dohnert Non-agency MBS issuance backed by new originations totaled $20.15 billion in the third quarter, up 17.7% from the previous quarter.Read More
Agency Servicing Tops $9.0 Trillion in Third Quarter October 11, 2024 John Bancroft Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.Read More
Mortgage Activity With MI Increases in Third Quarter October 10, 2024 Namrata Bhatia Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.Read More
GSE Business Increases in Third Quarter October 9, 2024 Dennis Hollier Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.Read More