Originations Increase by 36% in Second Quarter July 28, 2023 John Bancroft An estimated $400 billion of mortgages were originated in the second quarter.Read More
Agency Delinquencies Increase in Second Quarter July 27, 2023 Brandon Ivey The total delinquency rate on agency MBS hit 2.60% at the end of June.Read More
Large GSE Servicers Gain Share in Second Quarter July 26, 2023 Dennis Hollier The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.Read More
Mortgage Complaints to CFPB Down in Second Quarter July 25, 2023 Sam Manas Complaints declined by nearly 30% compared with the first quarter.Read More
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
RSS