Fitch Leads MBS Ratings, a Close Second in ABS December 7, 2023 John Bancroft Fitch rated $31.89 billion of non-agency MBS through the first nine months of 2023, which equaled 74.6% of total rated non-agency MBS issuance.Read More
Broker Share Declines in FHA/VA Markets December 6, 2023 Brandon Ivey Among a group of large lenders, the broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter.Read More
Expanded-Credit Sector Loses Market Share in Third Quarter December 5, 2023 James Dohnert The ECM sector’s share of total originations declined to 2.3% in the third quarter.Read More
REIT MBS Investments Up Almost 19% From a Year Ago December 4, 2023 John Bancroft AGNC posted a hefty 19.4% increase in its agency MBS portfolio...Read More
More Pain for Warehouse Financiers December 4, 2023 Paul Muolo Over the past year, a handful of banks have exited the warehouse finance sector, including Comerica and Fifth Third.Read More
Trends in Purchase-Mortgage Sector Vary in 3Q December 1, 2023 John Bancroft United Wholesale Mortgage ranked as the top producer of purchase mortgages in the first nine months of 2023 with $73.17 billion.Read More
Servicing Income Helping to Prop Up Lenders November 30, 2023 John Bancroft Large mortgage companies are seeing flat income from originations and increasing income from servicing.Read More
FHLBank Earnings, Advance Usage Down in Third Quarter November 29, 2023 Dennis Hollier The 11 Federal Home Loan Banks reported net income of $1.74 billion for the third quarter, down 5.7% from the previous period.Read More
Market Share Gains for Correspondent Lenders November 27, 2023 John Bancroft A number of competitors in the correspondent channel registered eye-popping growth...Read More
Ginnie MSR Sales Increase in Third Quarter November 22, 2023 John Bancroft Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.Read More