Repurchases by Banks Decline in Third Quarter January 16, 2025 Namrata Bhatia Banks and thrifts repurchased $213.6 million of single-family mortgages during the third quarter, an 11.5% decline from the previous period.Read More
Non-Agency MBS Sectors Split in Fourth Quarter January 15, 2025 James Dohnert Expanded-credit MBS issuance rose 13.2% in the fourth quarter of 2024 while prime non-agency MBS volume was down 2.9%.Read More
Residential Production Gains for Chase, Wells in 4Q January 15, 2025 Paul Muolo Originations at the two big banks increased by around 7% on a quarterly basis in the fourth quarter.Read More
Residential Mortgage Securitization Increases in Fourth Quarter January 14, 2025 John Bancroft Rate-term refis helped to drive up residential MBS issuance in the fourth quarter.Read More
A Strong Quarter and Year for Ginnie Issuance January 13, 2025 Brandon Ivey The top-five Ginnie MBS issuers in 2024: Freedom, PennyMac, UWM, Rocket and Newrez. All are nonbanks.Read More
Mortgage Bankers Hire, Loan Brokers Cut January 13, 2025 Paul Muolo “We’re in for a long slog,” one CEO told IMFnews.Read More
Short Takes: Lower Asking Prices in Hot Markets? / To Quote Corleone / MSRs for Sale / CA Regs and BPLs / Xome Chief to Retire January 13, 2025 Paul Muolo Phoenix Capital is auctioning off a $661 million portfolio of conventional mortgage servicing rights.Read More
Agency MBS Issuance Rises in 4Q, Refis Trail Off by Yearend January 10, 2025 John Bancroft Deliveries of rate-term refinances into agency MBS declined by almost 40% on a monthly basis in December.Read More
GSE Refi Characteristics Shift in Fourth Quarter January 8, 2025 John Bancroft The big gains came in high-LTV refinances, which surged to 13.6% of the sample, a 7.05 percentage point increase.Read More
Banks Add MBS, ABS to Trading Accounts January 7, 2025 John Bancroft Bank holding company trading accounts saw a 3.9% increase in total residential MBS holdings in the third quarter.Read More
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