Expanded-Credit Sector Gains Some Market Share March 6, 2024 James Dohnert Production of expanded-credit mortgages declined 16.9% last year, while total first-lien originations dropped 40.6%.Read More
FHA, VA Lending Declines in Fourth Quarter March 5, 2024 Monica Hogan Combined, FHA and VA lending declined by 17.7% in the fourth quarter.Read More
REIT Holdings of MBS Decline in Fourth Quarter March 4, 2024 John Bancroft REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.Read More
Third-Party Origination Channels Gain Share in 2023 March 1, 2024 John Bancroft Both wholesale-broker and correspondent saw significant gains in market share, a common occurrence when refinances business slows. Read More
Little Commingling of GSE MBS Despite Fee Reduction February 29, 2024 John Bancroft Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.Read More
Mortgage Income at Banks Drops in Fourth Quarter February 28, 2024 Andras Malatinszky Banks' income from mortgage banking operations declined by 24.6% in the fourth quarter.Read More
Bank Holdings of MBS Increase in Fourth Quarter February 27, 2024 John Bancroft Holdings of residential MBS at banks increased by 5.6% in the fourth quarter of 2023, ending a two-year decline.Read More
First-Time Homebuyer Share Increases in Agency Market February 26, 2024 John Bancroft The agencies securitized a combined $439.25 billion of first-time buyer loans in 2023, which represented 52.8% of agency purchase-loan business.Read More
Jumbo Market Share Shrinks in 4Q February 21, 2024 James Dohnert The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.Read More
With the Spring Homebuying Season Almost Here, Applications Suffer February 21, 2024 Paul Muolo One warehouse manager noted, "We see few opportunities, but for the most part everyone has plenty of capacity.”Read More
RSS