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Sharp Differences in FHA, Private MI Business

May 23, 2023
Monica Hogan
There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.
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1Q23 Not a Pretty Time for Warehouse Shops

May 22, 2023
Paul Muolo
Warehouse financiers ended March with $103.0 billion of commitments on their books...
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Bank Failures Spur Another Decline in MBS Investment

May 22, 2023
John Bancroft
A big chunk of that downturn resulted from the collapse of Silicon Valley Bank...
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Jumbo Lending Drops in First Quarter

May 19, 2023
John Bancroft
Banks reduced their appetite for jumbos in the first quarter.
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Loan Application Denials Tied to DTI Issues Rise in 2022

May 19, 2023
Sam Manas
Rising interest rates made it more difficult for loan applicants to meet DTI ratio requirements.
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Deliveries to GSEs Increase in April

May 18, 2023
Dennis Hollier
GSE business increased in April on a monthly basis, including improvements among 84 of the top 100 GSE sellers.
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Denial Rates Increase in 2022; Elevated at Wells

May 17, 2023
Brandon Ivey
Denials of mortgage applications increased as interest rates rose in 2022.
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Banks’ Mortgage Earnings Improve in First Quarter

May 16, 2023
John Bancroft
Mortgage earnings at banks bounced back after a dismal fourth quarter.
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Private Mortgage Insurers Gain Market Share in 1Q23

May 15, 2023
John Bancroft
Government MI volume slid 19.0% to an estimated $71.38 billion.
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Jumbo Correspondent Sales Down in 2022

May 11, 2023
James Dohnert
Sales of jumbos in the correspondent channel fell by 50.9% on an annual basis in 2022.
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