A ‘Preliminary’ Profit for Mr. Cooper, MSRs Sized at $992B January 29, 2024 Paul Muolo In trading Monday, Mr. Cooper's common neared a new 52-week high...Read More
Lenders Derisk on GSE Loan Deliveries January 29, 2024 Andras Malatinszky The volume of loans with an LTV of 81% or above dropped by 18.5%.Read More
Originations Slump in Fourth Quarter January 26, 2024 John Bancroft Originations in 2023 were at the lowest level seen since 2014.Read More
Home Equity Securitization Up Sharply in 2023 January 24, 2024 Brandon Ivey The surge in securitization is driven by nonbanks that have boosted home equity lending as refinance business dried up in 2023.Read More
Top Lenders Slow Contributions to Expanded-Credit MBS January 23, 2024 James Dohnert Change Lending, Arc Home, Caliber Funding and NewRez had zero expanded-credit loans securitized in the fourth quarter.Read More
Ginnie Outstandings Rise in 4Q, FHA Delinquencies Jump January 22, 2024 Brandon Ivey The last time FHA delinquencies were this high came during the COVID crisis...Read More
Share of Agency Business With MI Rises in 2023 January 19, 2024 John Bancroft The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.Read More
Agency MSR Transfers Slow in Fourth Quarter January 18, 2024 John Bancroft Agency MSR transfers declined by 27.5% in the fourth quarter, to $219.05 billionRead More
Sales to GSEs Fall Off in 2023, UWM Remains Leader January 17, 2024 Dennis Hollier The dollar volume of mortgages going to Fannie Mae and Freddie Mac declined by 47.3% compared with 2022.Read More
Non-Agency MBS Issuance Down 41% in 2023 January 16, 2024 John Bancroft Volume was down on an annual basis across prime, subprime, Alt A and scratch-and-dent deals.Read More
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