Expanded-Credit Deals Prop Up RMBS Issuance in 1Q22, Prime Jumbo Fades April 15, 2022 John Bancroft Prime non-agency MBS issuance fell 16.3% in the first quarter to $20.87 billion.Read More
Nonbank Agency MSR Share: North of 61% April 14, 2022 John Bancroft Nonbanks continued their dominance in the MSR sector, a fact that likely keeps some federal regulators up at night...Read More
Bank Residential Originations Hit Hard but a Few Exceptions April 14, 2022 Paul Muolo U.S. Bank, another top-10 player in home finance, saw its home lending volume slip 34.1% from 4Q21...Read More
A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values April 13, 2022 Paul Muolo JPMorgan also increased the asset value of its mortgage servicing rights portfolio to 127 basis points from 106 bps at Dec. 31.Read More
Top Originators Grew Market Share in 2021 April 12, 2022 John Bancroft 2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.Read More
Across the Board Pain for Structured Finance in 1Q22 April 11, 2022 John Bancroft The silver lining is that agency purchase-loan business was up 4.0% from the first three months of 2021. That’s a promising sign...Read More
GSE Originators Move to Loosen Credit Standards April 8, 2022 Namrata Bhatia In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...Read More
The Correction is Here: 1Q22 MBS Issuance Down 37% April 7, 2022 John Bancroft As might be expected, most of the erosion has been in the refinance market.Read More
Correspondents Gain Market Share in FHA/VA Sector April 6, 2022 Monica Hogan Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...Read More
A Tough Year for ARM Production but That Could Change April 5, 2022 Brandon Ivey The top three ARM originators of 2021: Bank of America, Chase and Wells Fargo...Read More