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.Read More
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.Read More
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...Read More
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...Read More
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...Read More
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.Read More
Servicing Saves the Day at PennyMac, Originations Off by Just 11.6% February 3, 2023 Paul Muolo PennyMac booked $82.6 million of gains on the portfolio in 4Q22 but most of that was offset by hedging losses. Read More
Nonbanks Keep Growing MSR Share, Delinquencies a Potential Concern February 2, 2023 John Bancroft Fun fact: Depository institutions outgrew nonbanks in the agency MSR market during the fourth quarter.Read More
Lakeview Dethrones Freedom Mortgage as the Largest GNMA Servicer February 1, 2023 Andras Malatinszky Among the top-10 GNMA servciers, just two are federally insured depositories: Wells Fargo and U.S. Bank.Read More
Better Times for Lenders? Hopefully, Later in the Year February 1, 2023 Brandon Ivey Mortgage executive Chrissi Rhea: "I’m looking forward to 2023 because it can’t be as bad as 2022."Read More
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