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Ginnie MBS Declines Slow in January

February 14, 2023
Brandon Ivey
Ginnie issued around $27.10 billion in MBS with single-family mortgages in January, a 5.7% decline from December and notably smaller than that month's decline of 14.2%.
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Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up

February 10, 2023
John Bancroft
Lodging was the only major property type to get traction in the fourth quarter.
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A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy

February 10, 2023
Paul Muolo
Management shelled out $23 million during 4Q to cover severance payments to laid off workers and for property consolidation.
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4Q Product Mix Analysis: Conventional Hit the Hardest

February 9, 2023
John Bancroft
Government-insured lending looked almost alive in comparison...
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GSE Deliveries Suffer in January, Refis at 11-Year Low

February 8, 2023
Dennis Hollier
Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.
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A Huge YOY Spike in CFPB Complaints

February 7, 2023
Sam Manas
On an annual basis, the increase in gripes regarding credit reporting are even more imposing.
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Retail Channel Suffered the Biggest Blow in 4Q22

February 7, 2023
Andras Malatinszky
Mortgage brokers using table-funding fared slightly better with a 31.2% sequential decline...
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Freddie QC Chief: Mortgage Defect Rates Remain Elevated

February 6, 2023
Dennis Hollier
The Fannie official began his presentation with the top 10 defects discovered by his QC team...
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Depositories Face the Music on Motgage Profits

February 6, 2023
John Bancroft
Note: Once upon a time, Wells regularly was the top bank in the business...
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The Slump Persists: MBS Issuance Down Again in January

February 3, 2023
John Bancroft
Ginnie, by the way, ranked as the top agency MBS issuer for the fifth straight month.
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