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
Banks Gain GSE Market Share in Second Quarter July 12, 2023 Dennis Hollier Lenders delivered $174.26 billion in loans into Fannie Mae and Freddie Mae mortgage-backed securities in the second quarter, a robust 37.9% sequential increase.Read More
Less-Risky GSE Loans Dominate in 2Q23 July 10, 2023 John Bancroft Fannie and Freddie issuance of single-family MBS surged 38.4% from the first quarter of 2023 to $172.31 billion...Read More
Finally, Mortgage Bankers Add Jobs July 10, 2023 Paul Muolo Since early 2022, lenders of all stripes have been laying off workers to right-size their operations for leaner times.Read More
Correspondent Channel Share Grows in FHA/VA Market July 7, 2023 Monica Hogan The correspondent channel captured 49.1% of originations in the first quarter, up from a 47.3% share in the previous quarter.Read More
Jumbo Denial Rates Steady as Originations Decline July 6, 2023 James Dohnert The denial rate on applications for jumbo mortgages was 11.9% in 2022.Read More
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