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GSE Loan Repurchases Rise Sharply in Booming 2020-21 Market

March 28, 2022
John Bancroft
Repurchases on the 2020 vintage, currently $2.37 billion, likely will edge higher...
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S&P #1 in 2021 ABS Ratings, Moody's Takes the RMBS Crown

March 25, 2022
John Bancroft
Moody's more than quadrupled its annual RMBS ratings volume...
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Agencies Took Larger Share of 1-4 Mortgage Debt in 2021

March 24, 2022
John Bancroft
Freddie posted the bigger gain of the two with a hefty 18.5% surge in single-family MBS outstanding...
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Jumbo Lending Through Correspondents Increases in Fourth Quarter

March 23, 2022
Brandon Ivey
The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...
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Production Profitability Takes It On the Chin

March 22, 2022
Paul Muolo
MBA: "With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs"...
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HECM Production the Highest Since 2009

March 21, 2022
Namrata Bhatia
The top three HECM lenders in 2021: American Advisors Group, Reverse Mortgage Funding and Mutual of Omaha...
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Residential MBS Market Grew Significantly in 2021. As for the Fed...

March 18, 2022
John Bancroft
The Fed reported $402.67 billion of non-agency MBS outstanding at the end of the fourth quarter, a modest 0.9% nudge up from September...
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Ethnicity of Loan Originator a Factor in Mortgage Denials

March 18, 2022
Brandon Ivey
The researchers noted that the views expressed in the report are not (necessarily) those of the Dallas Fed or of any entity within the Federal Reserve System.
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Short Takes: What If: The 5% FRM / Looking Sideways at the Fed / A Rate Comparison / About That Vacation Home / The Thompson Nomination Advances

March 18, 2022
Dennis Hollier and Paul Muolo
In case you haven't noticed: Jumbo rates continue to be cheaper than Fannie/Freddie rates...
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The Decline in Home Equity Lending Continues Unabated

March 17, 2022
Dennis Hollier
There's been scattered talk that some nonbanks might soon launch second-lien products...
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