Short Takes: At FRB Friday It Was Take a Number / Plenty of IOs / Top MSR Buyers? / What’s It Going to Be, FOMC? / Stable Margins May 1, 2023 Paul Muolo It will be interesting to see what JPM does with all those interest-only jumbos...Read More
Lakeview Increases Ginnie Servicing Lead in First Quarter April 27, 2023 Andras Malatinszky The amount of Ginnie servicing volume outstanding increased by 1.6% in the first quarter while Lakeview's portfolio grew by 3.4%.Read More
Expanded-Credit MBS Issuance Rebounds in First Quarter April 26, 2023 James Dohnert Invictus Capital Partners was the top issuer of expanded-credit MBS in the first quarter of 2023.Read More
Mortgage Insurance Activity Declines in First Quarter April 25, 2023 John Bancroft Loans with MI represented 63.8% of total mortgage-backed securities issued by Fannie, Freddie and Ginnie in the first quarter.Read More
Mortgage C-Suite Comp Trimmed, But Not For All April 24, 2023 Paul Muolo Mr. Cooper, whose revenues fell by almost 26% last year, gave its chairman and CEO a double-digit percentage raise...Read More
Mixed Trends in Deliveries to GSEs in First Quarter April 21, 2023 Dennis Hollier Volume declined on a sequential basis in the first quarter, while deliveries picked up in March compared with February.Read More
Mortgage Securitization Rate Declines in 2022 April 21, 2023 John Bancroft A larger portion of GSE-eligible mortgages didn't make it into MBS in 2022.Read More
A Slight Increase in Share for Private MIs in First Quarter April 20, 2023 Namrata Bhatia The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.Read More
A Decline in Home Lending for US Bank, Applications Spike April 19, 2023 Paul Muolo At March 31, USB’s “servicing for others” portfolio totaled $241.7 billion and had an asset value of 154 basis points.Read More
Mortgage Complaints to CFPB Up Sharply in Early 2023 April 18, 2023 Andras Malatinszky Complaints submitted to the CFPB regarding mortgages had declined steadily throughout 2022.Read More
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