Early-Stage Delinquencies Rise in 2Q24, Serious Delinquencies Hit Record Low August 29, 2024 Brandon Ivey The increase in early-stage delinquencies tracked an increase in unemployment.Read More
FHLB Members Increase Borrowings From the Advance Window August 28, 2024 Dennis Hollier The top three FHLBank borrowers at June 30: JPMorgan Chase, PNC Bank and Charles Schwab...Read More
Bank MBS Holdings Down Slightly, a Shift to GNMA August 27, 2024 John Bancroft Note: Truist Bank upped its Ginnie pass-through investment by $9.84 billion to $22.56 billion.Read More
MBA's Revenue Nicked, But Assets Increase August 26, 2024 Paul Muolo The IRS filing shows that the trade group had more than 2,225 members at the end of September 2023 compared to 2,275 a year earlier.Read More
Nonbank Earnings Sag in 2Q but Up YTD August 26, 2024 John Bancroft Servicing income didn't give much of a boost to nonbank profits during 2Q24...Read More
Freedom Sees Government-Insured Lending Boost in 2Q August 23, 2024 Brandon Ivey Freedom mortgage leaped over UWM and PennyMac in the latest ranking and analysis of government-insured mortgage originators.Read More
MBA’s FY23 Revenue Gets Nicked, Assets Increase August 22, 2024 Paul Muolo Although many mortgage banking companies lost money last year, the Mortgage Bankers Association remained in the black.Read More
Purchase Mortgages Up at FHA and VA in Second Quarter August 22, 2024 Monica Hogan FHA accounted for 59.5% of government-insured originations in the second quarter.Read More
GSE CRT Issuance Declines in Second Quarter August 21, 2024 Dennis Hollier Fannie Mae and Freddie Mac issued a combined $2.34 billion in CRT securities, excluding reinsurance deals, in the second quarter. That was down 18.0% from the first quarter.Read More
Jumbo Servicing Portfolios Level in 2Q August 21, 2024 James Dohnert Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.Read More
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