Non-Agency MBS Issuance Tops Pre-Pandemic Levels in 2021 January 11, 2022 Brandon Ivey Expanded-credit MBS issuance also increased in 2021, though it remained below the level seen in 2019.Read More
Earnings Season is About to Start. Hope for Mortgage Bankers? January 11, 2022 As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”Read More
A Record-Setting Year for Ginnie Mae MBS Issuance January 10, 2022 Brandon Ivey The top issuer for the year: Freedom Mortgage with a whopping $106.9 billion...Read More
Mortgage Pink Slips Begin to Proliferate. Non-QM Sector Insulated? January 10, 2022 Paul Muolo In recent interviews, mortgage executives, overall, have revealed mixed plans regarding hiring...Read More
The Final MBS/ABS Tally for 2021: A Record $4.3 Trillion January 7, 2022 John Bancroft Continued low interest rates, courtesy of the pandemic, was a key factor in the results...Read More
Agencies Set Annual Record In 2021 Despite a Slower 4Q January 6, 2022 John Bancroft Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.Read More
ARM Production Increases, But Don't Get Too Excited... January 5, 2022 Brandon Ivey The top five ARM lenders through the first nine months of 2021: Bank of America, Chase, Wells Fargo, First Republic and Citigroup...Read More
Mortgage Banking Results Mixed at Banks and Thrifts January 4, 2022 John Bancroft A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...Read More
2022 Is Here. Time to Shine for Purchase-Money Lenders? January 3, 2022 Paul Muolo Squarely in the bullish camp: originators of non-qualified mortgages...Read More
Fitch Tops in RMBS Ratings, S&P Leads the Pack in ABS Market January 3, 2022 John Bancroft Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.Read More
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