Share of Agency Business With MI Rises in 2023 January 19, 2024 John Bancroft The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.Read More
Agency MSR Transfers Slow in Fourth Quarter January 18, 2024 John Bancroft Agency MSR transfers declined by 27.5% in the fourth quarter, to $219.05 billionRead More
Sales to GSEs Fall Off in 2023, UWM Remains Leader January 17, 2024 Dennis Hollier The dollar volume of mortgages going to Fannie Mae and Freddie Mac declined by 47.3% compared with 2022.Read More
Non-Agency MBS Issuance Down 41% in 2023 January 16, 2024 John Bancroft Volume was down on an annual basis across prime, subprime, Alt A and scratch-and-dent deals.Read More
Lakeview/Bayview Climbs to Top of Agency Servicers January 12, 2024 John Bancroft Lakeview handled $644.49 billion in agency servicing as of the end of 2023.Read More
HECM Activity Ends Slide in Third Quarter January 11, 2024 Namrata Bhatia HECM endorsements increased in the third quarter after four consecutive quarterly declines.Read More
Non-Agency MBS Issuance Slows in 4Q, Drops in 2023 January 10, 2024 James Dohnert Expanded-credit MBS volume was down 27.2% on an annual basis and prime volume fell by 62.9%.Read More
Short Takes: New Top Issuer of Non-Agency MBS / Choppy Application Trends / Home Price Projections / MSR Offering January 10, 2024 Brandon Ivey and Paul Muolo JPMorgan Chase is no longer the largest issuer of non-agency MBS.Read More
Ginnie Issuance Volume Declines in Fourth Quarter January 9, 2024 Brandon Ivey Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.Read More
Surprise: Brokers Add Jobs, but IMBs Keep Slashing January 8, 2024 Paul Muolo Note: The government’s reading on the mortgage sector trails the national numbers by one month.Read More