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Ginnie Delinquencies Decline in 1Q22

May 3, 2022
Monica Hogan
Late payments on FHA loans narrowed by 78 basis points from the fourth quarter of 2021...
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Expanded-Credit MBS Issuance Hits Record in 1Q22

May 2, 2022
Brandon Ivey
The increase in expanded-credit MBS issuance in 1Q22 was driven by non-QMs...
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A Particularly Brutal Production Quarter for Fintech Better.com

May 2, 2022
Paul Muolo
Given steeply higher rates and much narrower lending profits the past six months, Better’s journey to the NYSE has been anything but smooth.
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Blow-out Earnings for Mr. Cooper. Reason: Huge MSR Gains

April 29, 2022
Paul Muolo
And let us now praise MSRs...
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Buyouts from Ginnie MBS Revert Back to Pre-Pandemic Levels

April 29, 2022
Brandon Ivey
Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.
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Mortgage Originations Take a Beating in Early 2022

April 28, 2022
John Bancroft
Among the top 10 funders, the declines were mostly brutal, ranging from a low of -21.1% to a high of -37.2%.
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A Strong 1Q22 Profit for Freddie

April 28, 2022
Paul Muolo
Freddie took in new business of $207.0 billion in the January-March period, down 23.6% sequentially...
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Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed?

April 28, 2022
Paul Muolo
Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.
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Mortgage-Related Complaints Rise Again in 1Q, 'Coop' Leads the Pack

April 27, 2022
Andras Malatinszky
When it comes to mortgage gripes registered, Wells Fargo was a distant second with 386...
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And the Beat Goes On: Nonbanks Continue to Gain in GSE Servicing

April 26, 2022
Dennis Hollier
Federally insured depositories with assets north of $1 trillion saw their GSE servicing balances remain essentially unchanged in the first quarter...
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Latest Imf News

  • GSEs Increase Issuance of Specified Pools in Second Quarter

  • Garg Out as Better’s CEO; Another Loss for Nonbank in 2Q

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Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

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