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
Correspondent Channel Gains Share in Agency Market February 13, 2024 Andras Malatinszky The correspondent channel accounted for 37.0% of agency deliveries in the fourth quarter, up from a 34.6% share the previous quarter.Read More
Agency Sector Gains Share in Fourth Quarter February 9, 2024 John Bancroft Agency-eligible production accounted for 87.1% of first-lien originations in the fourth quarter, up from 81.1% a year ago.Read More
Ginnie MBS Issuance Flat in January February 8, 2024 Brandon Ivey Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.Read More
GSE CRT Issuance Limited in 2023 February 7, 2024 Dennis Hollier Issuance in 2022 was helped by lingering loans from the refinance wave while mortgage originations were down sharply in 2023.Read More