FHA/VA Lending Strong in 2021 But 4Q Suffered a Drop February 23, 2022 Monica Hogan The top three ranked VA lenders in 2021: Freedom Mortgage, Rocket and Veterans United Home Loans...Read More
As Rates Rise, Jumbo MBS Issuers Face Timing Constraints February 23, 2022 Brandon Ivey Spread widening indicates weaker demand from MBS investors...Read More
Jumbo Originations Flatten Out but Up Sharply for Full Year February 22, 2022 Brandon Ivey The top jumbo originator in 2021? That would be Chase, with Wells Fargo a close second...Read More
Warehouse Commitments Drop, Usage Rates Begin to Crumble February 18, 2022 Paul Muolo Some financiers reported usage rates below 30%...Read More
Banks and MBS? The Love Affair Continues February 18, 2022 John Bancroft Banks and thrifts generated $51.76 billion in interest income from MBS investment last year.Read More
Retail Continues its Channel Domination February 17, 2022 John Bancroft For the full year, the wholesale channel accounted for 15.0% of originations, correspondent 21.6%...Read More
A Big Surprise? Deliveries Above the 2021 Baseline Loan Limit Spike in January February 17, 2022 Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...Read More
Secondary Market Deliveries Earn a Reprieve in January February 16, 2022 Dennis Hollier The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...Read More
Tough Times On the Application Front. Hope for March? February 16, 2022 Paul Muolo As one veteran manager characterized it: “It is what it is.”Read More
CFPB Study Suggests Mortgage Bankers Have a Diversity Problem February 16, 2022 Sam Manas Mortgage banking firms were the largest part of the sample with 104 institutions.Read More
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