Agency MBS Issuance Increases in April; Refis Down May 8, 2024 John Bancroft The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.Read More
Correspondent Channel Loses Share in Agency Market May 7, 2024 Andras Malatinszky The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.Read More
Surprise: Freedom's Production Soars in First Quarter May 6, 2024 Brandon Ivey “We are very opportunistic in certain markets in which we like the vintage and the availability of credit,” Patterson said.Read More
An Uneven Story on Mortgage CEO Comp May 6, 2024 Paul Muolo Another CEO who received a large comp hike last year even though his company posted a huge loss was Vishal Garg of Better Mortgage...Read More
Mortgage Pink Slips Keep Coming, but Relief May Be in the Air May 6, 2024 Paul Muolo It’s unclear at this point whether lenders will need to trim additional staff...Read More
Short Takes: A Bullish Sign for Three NBs / Getting No (Stock Price) Respect: FanFred / FSOC Readies Nonbank Servicing Report / A Little M&A / Changes at Stronghill May 6, 2024 Paul Muolo and Brandon Ivey Some of Stronghill's non-QM production workers are already interviewing elsewhere...Read More
Mr. Cooper Stands Out Among Large Servicers in First Quarter May 3, 2024 Brandon Ivey While servicing outstanding ticked up 0.3% in the first quarter, Mr. Cooper's portfolio grew by 14.6%.Read More
Jumbo Correspondent Market Shrinks in 2023 May 2, 2024 James Dohnert Correspondent buyers of jumbos were divided fairly evenly between banks and nonbanks in 2023.Read More
FHA Loans Lead Boost in Ginnie Servicing May 1, 2024 Brandon Ivey Lakeview/Bayview Loan Servicing remained the largest Ginnie servicer and increased its market share in the first quarter.Read More
Annaly Leads Expanded-Credit MBS Issuers in First Quarter April 30, 2024 James Dohnert Onslow Bay issued $2.52 billion of expanded-credit MBS in the first quarter, more than triple its issuance in the prior quarter.Read More
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