Agency MSR Transfers Plummet in First Quarter April 22, 2024 John Bancroft The first-quarter slump was largely confined to bulk sales of Fannie and Freddie mortgage servicing rights.Read More
Loans With Primary MI Gain Share in First Quarter April 19, 2024 John Bancroft The share of mortgages with primary MI increased by 2.1% in the first quarter, based on agency MBS issuance.Read More
Home Equity Securitization Growing, Led by Seconds April 19, 2024 Brandon Ivey Securitization of closed-end second liens more than doubled in the first quarter of 2024 compared with the previous quarter.Read More
Prime Jumbos, Expanded-Credit Mortgages Push Up MBS Issuance April 18, 2024 James Dohnert Non-agency MBS issuance totaled $16.90 billion in the first quarter, up 66.9% from the fourth quarter.Read More
Ginnie Issuance Slows in First Quarter April 17, 2024 Monica Hogan Refi volume delivered to Ginnie spiked in the first quarter while purchase-mortgage activity declined.Read More
GSE Conforming Jumbo Business Up in First Quarter April 16, 2024 James Dohnert The volume of conforming jumbos included in Fannie Mae and Freddie Mac MBS increased by 8.0% to $6.05 billion in the first quarter.Read More
The Mortgage Industry's Top Earner in 2023? So Far, It's... April 15, 2024 Paul Muolo Among Mr. Cooper’s other top executives, Vice Chairman and former President Christopher Marshall was paid $8.6 million in 2023.Read More
Servicing Portfolios Slowly Shift Toward Higher Interest Rates April 12, 2024 John Bancroft At the end of March, some 11.1% of agency single-family servicing had coupons over 6.0%, up from just 3.1% a year ago.Read More
GSE Deliveries Decline in First Quarter April 11, 2024 Dennis Hollier Larger lenders remain the most affected by the decline in sales.Read More
Refi Business With Primary MI Jumps in First Quarter April 10, 2024 Namrata Bhatia The share of refis with MI coverage in the agency MBS market grew from 10.3% in the fourth quarter of 2023 to 14.6% in the first quarter.Read More
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