The HUD IG said it will provide a broader accounting of the issue when it publishes a formal report.

MBA's Frantantoni suggested the suddenness of the spike in housing starts may indicate it’s temporary...

Fun Fact: The expanded-credit MBS sector posted a hefty 130.3% jump in new issuance during 2019…

Last but not least: U.S. Bank, which funded $17.5 billion, a 10.8% improvement from the third quarter.

Private MIs insured $60.97 billion of refinance loans delivered to Fannie and Freddie in 2019, more than triple their total for the prior year.

Some $4.47 billion of single-family rental securities were issued in 2019, a 35% drop from the previous year…

First Guaranty Mortgage Corp., which is owned by PIMCO, has its eye on non-QM lending of $1.0 billion…

The company also disclosed home equity production of $3.0 billion during the period compared to $2.5 billion in the third quarter.

Fun fact: Expanded-credit MBS accounted for 66.6% of non-agency issuance in 2019, compared with 43.7% in the previous year.

Citi's retail mortgage originations increased by nearly 80% in 2019 while First Republic's production was up by more than 50%.