Lakeview Tops Agency Servicers in Third Quarter October 13, 2023 John Bancroft Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.Read More
Ginnie Issuance Increases Slightly in Third Quarter October 12, 2023 Monica Hogan Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.Read More
Residential MBS the Bright Spot in Third-Quarter Issuance October 10, 2023 John Bancroft The structured finance market produced $396.17 billion of new issuance in the third quarter, down 4.5% from the second quarter.Read More
Buydowns on GSE Loans: Two Years Only October 9, 2023 Brandon Ivey Buydowns are concentrated on GSE mortgages with coupons of between 5.0% and 6.5%...Read More
Non-Agency MBS Issuance Jumps 21% in 3Q23 October 9, 2023 James Dohnert The top three issuers of non-agency MBS in 3Q23: JPMorgan Chase, Onslow Bay Financial and Invictus Capital...Read More
As Rates Continue to Rise, Mortgage Jobs Ebb October 9, 2023 Paul Muolo Unless mortgage rates begin declining, lenders and brokers alike will shed additional jobs...Read More
Agency Securitization Volume Up Slightly in Third Quarter October 6, 2023 John Bancroft Mortgage lenders delivered $282.16 billion of first-lien home loans into the agency secondary market during the third quarter of 2023, a modest 2.3% increase from the prior period, according to a new ranking and analysis by Inside Mortgage Finance.Read More
Bank Holdings of Mortgages for Sale Increase October 5, 2023 Brandon Ivey Banks and thrifts held $44.06 billion of mortgages for sale as of the end of June, up 8.1% from the end of March.Read More
California Dominates Lending by Nonbanks October 5, 2023 Brandon Ivey The amount of mortgages nonbanks originated in California in 2022 was more than double the volume in the second-ranked state.Read More
Banks Regain Some Market Share in Second Quarter October 4, 2023 John Bancroft Among the top 100 lenders, banks accounted for 30.9% of originations in the second quarter, up from a 29.9% share in the first quarter.Read More