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
Residential Mortgages Lift Issuance of MBS & ABS October 8, 2024 John Bancroft Residential MBS production was up 11.9% from the second quarter, hitting $341.43 billion, a two-year high.Read More
GSE Loan Deliveries in 3Q: Lower Credit Scores... October 7, 2024 Namrata Bhatia Some 9.2% of purchase loans sold to the GSEs in 3Q24 had credit scores below 700.Read More
Originations Are Up, But Sector Employment is Almost Flat October 7, 2024 Paul Muolo The good news: It was the highest residential lender jobs reading since March of this year...Read More
Teasing Out the Credit Scores of New GSE Borrowers? October 7, 2024 Paul Muolo Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.Read More
Short Takes: Improved Originations? Just Look at the MBS Numbers / What the Fed May Not Do / Jumping Into the Non-QM Pool? / A 10-Year Vet Leaves PFSI October 7, 2024 Paul Muolo Some market watchers, including lending professionals, believe the Fed is done cutting rates for the year.Read More
Refis Push Agency MBS Issuance Up in Third Quarter October 4, 2024 John Bancroft Issuance of single-family agency MBS increased by 13.1% from the second quarter, hitting its highest level in two years.Read More
Mortgage Securitization Rate Ticks Down in Second Quarter October 3, 2024 Brandon Ivey An estimated 64.2% of newly-originated home loans were securitized in the second quarter, down from 67.2% in the first quarter.Read More
Broker Share of Nonconforming Lending Grows October 2, 2024 James Dohnert The retail channel remained the largest source of nonconforming loans, though the channel’s market share dropped in the first half of 2024.Read More
Some Shifts in Non-Agency MBS Rating Activity in 2Q October 1, 2024 John Bancroft Fitch Ratings remained the top player for rating non-agency MBS in the second quarter of 2024 but the firm lost some market share.Read More
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