GSE-Eligible Loans Propel Prime Non-Agency MBS in 3Q21 October 27, 2021 Brandon Ivey In 2Q21, the GSE-eligible share of loans going into non-agency MBS was 28%.Read More
Since the Pandemic's Start, Consumer Complaints Have Soared October 26, 2021 Andras Malatinszky In mid-October, the CFPB registered its one millionth credit reporting-related grievance since the inception of its consumer complaint database in 2011.Read More
Ginnie Servicing Performing Better, Freedom Ups Stake October 25, 2021 Brandon Ivey Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...Read More
MBS Trading Rises Slightly. Waiting on the Fed… October 25, 2021 Paul Muolo The trading high for the year came in January at $331.9 billion when it looked as though rates might be headed south.Read More
GSE-Eligible Investment-Property Loans Still Flowing Into Non-Agency MBS October 22, 2021 Brandon Ivey The activity in the non-agency MBS market is occurring even as some lenders are once again taking their investment-property volume to the GSEs.Read More
Nonbank's Mortgage Servicing Share Just Shy of 60% October 21, 2021 John Bancroft Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...Read More
Ginnie MBS Loan Removals Gliding Toward Normalcy October 20, 2021 John Bancroft However, removals for loan modification or foreclosure processing edged up 2.2% to $11.14 billion in the third quarter.Read More
Freddie Mac Draws Nearer to Equal Share of GSE Market October 19, 2021 John Bancroft MBS guarantee fee pricing has become more level between the two GSEs since the uniform MBS was launched in 2019...Read More
MSR Market Roars Back to Life in 3Q21 on Bulk Sales October 18, 2021 John Bancroft Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...Read More
Rocket Takes Another Trip to the MSR Selling Well October 15, 2021 Paul Muolo and John Bancroft Rocket sold $40.85 billion of agency MSRs during the third quarter after sitting out the prior period...Read More