ABS Issuance Falters in 2Q but 2021 on Pace for Big Year July 28, 2021 With American Airlines grounded, issuance of business-class ABS fell $6.03 billion, or 23.0%, from the first to the second quarter.Read More
LO Earnings Get Clipped in 2Q21 July 27, 2021 Paul Muolo Loan officers and their processors alike are earning less these days...Read More
Nonbanks Still Pulling GSE Servicing Train in 2Q21 July 27, 2021 John Bancroft Freddie had the hot (MSR) hand in 2Q21...Read More
Ginnie MSR Transfers Surge, GSE Sales Decline July 26, 2021 John Bancroft The bulk transfer figures reflect deals that were struck in prior quarters...Read More
MBS Trading Sags but a New Benchmark is Born July 23, 2021 Paul Muolo Just when you thought rates were in an upward trend, a reversal occurs...Read More
Short Takes: Awash in Borrowing Authority / A Buyer of MSRs? / Expressing a Desire to Grow / A New Nonagency MBS From Verus / Kraninger Lands / A Promotion at Freddie July 23, 2021 Paul Muolo Will Quicken actually buy MSRs? It certainty has the cash...Read More
Fannie and Freddie Hit the Mother Lode With the Adverse Market Fee July 22, 2021 Dennis Hollier COVID-related mortgage losses have been minimal, allowing the GSEs to benefit...Read More
MI Sector Benefits from Strong Purchase Activity in 2Q21 July 22, 2021 John Bancroft Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.Read More
Refis Drive Surge in Jumbo MBS Issuance in Second Quarter July 21, 2021 Brandon Ivey Roughly $2.26 billion of jumbo MBS issued in the second quarter included a cash-out component...Read More
On the Rise: Complaints Against Credit Reporting Services July 21, 2021 Lisa Burden Many of the complaints about the big three credit reporting services involve inaccurate information in their reports...Read More
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