On the Way Up: Delinquencies. More Turbulence Ahead February 27, 2023 Brandon Ivey MBA's Marina Walsh attributed the uptick in delinquencies to a weakening economy and “ongoing inflationary pressures.”Read More
Short Takes: The Channel Market Leaders / An Overwhelming Share for UWM / The Buggy Whip Business Analogy / Turning the Corner / A $2B GNMA Package February 24, 2023 Paul Muolo Phoenix Capital is out with another auction notice on mortgage servicing rights...Read More
Among the Three Channels, Retail Suffered the Most in 4Q22 February 23, 2023 John Bancroft Retail typically thrives in heavy refinance markets but that's not where we were in 4Q...Read More
CFPB Enforcement Activity Down 61% (That's Correct) in FY22 February 22, 2023 Sam Manas The CFPB provided “conflicting data” about investigations opened in fiscal years 2014 through 2016, the attorney said...Read More
Bank, Thrift Holdings of MBS Lowest Since 3Q20 February 22, 2023 John Bancroft Note: It doesn’t appear that banks are selling MBS in any grand way.Read More
FHA Gains MI Share in a Difficult 4Q22 February 21, 2023 John Bancroft Private MI and VA saw the biggest declines during the period.Read More
Ginnie MBS Declines Slow in January February 14, 2023 Brandon Ivey Ginnie issued around $27.10 billion in MBS with single-family mortgages in January, a 5.7% decline from December and notably smaller than that month's decline of 14.2%.Read More
Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up February 10, 2023 John Bancroft Lodging was the only major property type to get traction in the fourth quarter.Read More
A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy February 10, 2023 Paul Muolo Management shelled out $23 million during 4Q to cover severance payments to laid off workers and for property consolidation.Read More
4Q Product Mix Analysis: Conventional Hit the Hardest February 9, 2023 John Bancroft Government-insured lending looked almost alive in comparison...Read More