Servicing Issues Increase in Mortgage Complaints to CFPB October 24, 2024 Shannon Clark Mortgage-related complaints submitted to the CFPB were up 2.7% from the second quarter, driven by servicing issues.Read More
Delinquencies Rise for FHA, VA Agency MBS October 23, 2024 Namrata Bhatia The total agency delinquency rate rose to 3.30% at the end of the reporting period.Read More
Strong 3Q Originations From PFSI... But MSRs Values Nicked October 23, 2024 Paul Muolo PennyMac funded $31.7 billion of residential loans during the July-September corridor, a handsome 17% improvement...Read More
Large Nonbanks Grow GSE Servicing Share October 22, 2024 Dennis Hollier Large nonbanks grow their share of GSE MBS servicing but Chase still ranks number one in our rankings among servicers.Read More
Spreads Remaining Wide? Good Earnings News for AGNC October 22, 2024 Paul Muolo The company measured its economic return at 9.3% in the third quarter...Read More
Servicing Transfers (Sales) Continued to Slow in 3Q24 October 21, 2024 John Bancroft One busy seller of mortgage servicing rights was CMG Mortgage of San Ramon, CA...Read More
There Goes the Mini Refi Boom? October 21, 2024 Paul Muolo Sales of MSRs have been slow, but some owners of MSRs could decide to unload a portion of their holdings...Read More
Primary MI Volume Increases in Third Quarter October 18, 2024 Brandon Ivey The increase in the use of primary MI during the third quarter was sharpest in refinances.Read More
Core Products Remain the Focus at GSEs in 3Q October 17, 2024 James Dohnert Noncore products are loans in which the non-agency market competes with the GSEs.Read More
Non-Agency MBS Issuance in 2024 Well Above 2023 October 16, 2024 John Bancroft Some $93.98 billion of non-agency MBS was issued year-to-date through September, putting the market on track for its best year since 2021.Read More
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