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Worried About Credit Risk? Stick to Retail

May 22, 2019
John Bancroft

In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...


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To the Rescue of Fannie and Freddie: The Spring Homebuying Season

May 21, 2019
John Bancroft

GSE purchase business totaled $40.5 billion, the strongest reading since November...


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Retail Tops Other Channels in Agency MBS Credit Characteristics

May 20, 2019
John Bancroft
In the first quarter of 2019, the average credit score for retail production included in agency MBS was 725.97, 7.3 points higher than the average for correspondent production and 7.5 points above the figure for brokers.
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Short Takes: HUD on Regulatory Reform / Shrinking Not on the Table / AGNC Investment / MSR on Bid / Foreclosure Activity Down

May 17, 2019
Yemeng Yang
Trade Groups talk with HUD and Ginnie on Regulatory Reform...
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The Trend Continues: Delinquencies Keep Falling

May 17, 2019
Brandon Ivey
The good news continues: residential delinquencies keep falling...
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Jumbo Lending Stands Out in 1Q19 Production Slump

May 16, 2019
John Bancroft

Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...


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Short Takes: A New Mortgage Benchmark Has Arrived / Next Up for Calabria: the MBS Secondary in NYC / The Chicago Way / A Loss for Cherry Hill, but… / A New Deputy Director at the CFPB

May 15, 2019
Paul Muolo
April was a record month for nonbank mortgage giant Guaranteed Rate...
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FHA Originations Take it on the Chin; Nonbanks Continue to Dominate

May 14, 2019
George Brooks
Over the past three years, FHA's best quarter came in 3Q16 when lenders produced $72.3 billion of forward loans...
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Jumbo Servicing Continues to Gain, Except at Wells and JPM

May 14, 2019
Brandon Ivey
Ocwen posted a huge gain in jumbo servicing, but only because of its acquisition of PHH Mortgage...
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Signs of Life: A 24% Jump in Ginnie Mae Issuance

May 13, 2019
John Bancroft

The volume of both purchase and refinance loans was up sharply from March...


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