Short Takes: The Profit Picture / MSR Deal Roundup / A Non-QM (Company) Buyer? / Declining Interest in Vacation Homes / MBA Hires Treasury Official May 19, 2025 Paul Muolo and Abby Zimmardi Demand for vacation homes has dropped to the lowest level since 2018.Read More
FHA, VA Gain MI Market Share in First Quarter May 16, 2025 John Bancroft The FHA/VA share of primary MI volume increased from 60.5% of activity in the fourth quarter of 2024 to 63.8% in the first quarter of 2025.Read More
Refis Drive Agency MBS Issuance Up in April May 15, 2025 John Bancroft April’s gain came mostly from a 32.2% jump in securitization of refinance loans.Read More
Conventional-Conforming Denial Rate Steady in 2024 May 14, 2025 Brandon Ivey Just under 14% of applications for conventional-conforming mortgages submitted in 2024 were denied.Read More
Mortgage-Banking Income at Banks Level in Fourth Quarter May 12, 2025 John Bancroft Servicing income helped cover for a decline in production income.Read More
Private Mortgage Insurance Activity Declines in 1Q May 9, 2025 Brandon Ivey Private MI volume in GSE MBS issuance in the first quarter of 2025 was down 20.4% from the previous quarter.Read More
SPS Leads Non-Agency MBS Servicers in First Quarter May 7, 2025 Namrata Bhatia SPS handled servicing for 30.1% of all non-agency MBS issued in the first quarter.Read More
A Mixed Bag for Mortgage CEO Comp May 5, 2025 Paul Muolo PennyMac Financial's CEO David Spector saw his compensation rise 45.9%.Read More
A Sticky Problem: FHA Delinquencies, Rising Tax Bills and Insurance Costs May 5, 2025 Emmeline Willey Soaring property and tax rates are major contributors to rising FHA delinquencies.Read More
Two Large Servicers Give Up a Little Market Share May 2, 2025 Brandon Ivey Mr. Cooper's owned servicing portfolio declined in the first quarter of 2025, the first decline posted by the nonbank since the second quarter of 2022.Read More
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