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Securitization Rate Cools Off as Originations Edge Higher

June 29, 2021
John Bancroft
Then again, Fannie and Freddie don’t buy everything that’s eligible. In recent months, there has been a burst of non-agency MBS issuance backed by GSE-eligible loans...
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Fannie/Freddie Purchase Limits Have Uneven Impact Among Sellers

June 28, 2021
John Bancroft
For some sellers, the curbs don’t represent much of a bump in the road. For Quicken Loans, the top GSE seller over the 12-month period, investor/second-home loans were roughly 5.5% of its sales to both Fannie and Freddie.
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The Beat Goes On: Nonbanks Expand Their Control of the Origination Market

June 25, 2021
John Bancroft
Ball game over for depository residential originators?
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The Second-Lien Slump Continues...

June 24, 2021
It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...
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Slipping Away: Jumbo Servicing Balances?

June 23, 2021
Brandon Ivey
Flagstar Bank stood out with a 25.2% jump in jumbo servicing.
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CFPB Policy Agenda Excludes Move to Define ‘Abusiveness’

June 23, 2021
Lisa Burden
The bureau also had dropped its pursuit of two rulemakings under the Home Mortgage Disclosure Act.
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Banks Still the Largest Hog at the MBS Trough

June 22, 2021
John Bancroft
Banks may have ceded the residential lending game to nonbanks but they certainly love the end product...
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A Trip to the Debt Well for Freedom Mortgage

June 22, 2021
Paul Muolo
With rates headed south once again, debt issuance by nonbanks could get one last run...
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HECM Production Remains Elevated in 1Q21

June 21, 2021
American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...
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Subservicers Keep Gaining but Worry About Forbearance

June 21, 2021
Paul Muolo
On the surface, the numbers indicate a steadily growing and profitable niche, but...
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