Little Commingling of GSE MBS Despite Fee Reduction February 29, 2024 John Bancroft Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.Read More
Mortgage Income at Banks Drops in Fourth Quarter February 28, 2024 Andras Malatinszky Banks' income from mortgage banking operations declined by 24.6% in the fourth quarter.Read More
Bank Holdings of MBS Increase in Fourth Quarter February 27, 2024 John Bancroft Holdings of residential MBS at banks increased by 5.6% in the fourth quarter of 2023, ending a two-year decline.Read More
First-Time Homebuyer Share Increases in Agency Market February 26, 2024 John Bancroft The agencies securitized a combined $439.25 billion of first-time buyer loans in 2023, which represented 52.8% of agency purchase-loan business.Read More
Jumbo Market Share Shrinks in 4Q February 21, 2024 James Dohnert The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.Read More
With the Spring Homebuying Season Almost Here, Applications Suffer February 21, 2024 Paul Muolo One warehouse manager noted, "We see few opportunities, but for the most part everyone has plenty of capacity.”Read More
Fitch Maintains Top Ranking for ABS and RMBS Ratings in 4Q February 20, 2024 John Bancroft Fitch maintained its top ranking in rating both ABS and non-agency MBS deals issued in 2023.Read More
Agency Share of MI Activity Increases in Fourth Quarter February 16, 2024 John Bancroft New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.Read More
Bank Income From Mortgage Operations Down in 4Q February 15, 2024 John Bancroft Among 27 publicly owned banks, 20 saw income fall in the fourth quarter, and five recorded losses for the period.Read More
Deliveries to GSEs Down 8.4% in January February 14, 2024 Dennis Hollier Lenders delivered $41.06 billion of loans to Fannie Mae and Freddie Mac in January.Read More
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