MSR Transfers by UWM, Wells, Others Bolster Sales Activity in 2Q July 24, 2023 John Bancroft When in doubt, sell MSRs: UWM transferred $66.1 billion of product in 2Q23...Read More
Non-Agency MBS Issuance Stumbles in Second Quarter July 24, 2023 John Bancroft Bright spots: Issuance of non-agency securities classified as Alt A...Read More
Agency Servicing Grows in Second Quarter With Boost at Ginnie July 21, 2023 John Bancroft Ginnie Mae's single-family outstanding was up 2.2% in the second quarter while the GSEs posted a 0.3% increase in servicing compared with the end of March..Read More
Ginnie Issuance Increases in 2Q, FHA and VA Up July 20, 2023 Monica Hogan Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.Read More
Despite Home Lending Gains, Layoffs at U.S. Bank July 19, 2023 Paul Muolo Second quarter mortgage banking revenue at USB came in at $161 million compared to $128 million in 1Q23.Read More
Non-Agency MBS Issuance Declines in Second Quarter July 18, 2023 James Dohnert Several usually active issuers had no issuance in the second quarter, including Angelo Gordon, Ellington Financial REIT and Redwood Trust.Read More
Home Lending Spikes at BofA in Second Quarter July 18, 2023 Paul Muolo At June 30, BofA held $228.8 billion of first-lien residential mortgages on its books. The average yield: 2.98%...Read More
Structured Finance Deals Bounce Back in Nearly All Sectors July 17, 2023 John Bancroft All major sectors posted gains in securitization activity...Read More
Agency MBS Issuance Increases After Nine Quarterly Declines July 14, 2023 John Bancroft The GSEs outpaced Ginnie in terms of growth in MBS issuance in the second quarter.Read More
Primary MI Securitization Volume Up in Second Quarter July 13, 2023 John Bancroft Primary mortgage insurance activity increased in the second quarter of 2023 after seven consecutive quarterly declines.Read More
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