Sharp Differences in FHA, Private MI Business May 23, 2023 Monica Hogan There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.Read More
1Q23 Not a Pretty Time for Warehouse Shops May 22, 2023 Paul Muolo Warehouse financiers ended March with $103.0 billion of commitments on their books...Read More
Bank Failures Spur Another Decline in MBS Investment May 22, 2023 John Bancroft A big chunk of that downturn resulted from the collapse of Silicon Valley Bank...Read More
Jumbo Lending Drops in First Quarter May 19, 2023 John Bancroft Banks reduced their appetite for jumbos in the first quarter.Read More
Loan Application Denials Tied to DTI Issues Rise in 2022 May 19, 2023 Sam Manas Rising interest rates made it more difficult for loan applicants to meet DTI ratio requirements.Read More
Deliveries to GSEs Increase in April May 18, 2023 Dennis Hollier GSE business increased in April on a monthly basis, including improvements among 84 of the top 100 GSE sellers.Read More
Denial Rates Increase in 2022; Elevated at Wells May 17, 2023 Brandon Ivey Denials of mortgage applications increased as interest rates rose in 2022.Read More
Banks’ Mortgage Earnings Improve in First Quarter May 16, 2023 John Bancroft Mortgage earnings at banks bounced back after a dismal fourth quarter.Read More
Private Mortgage Insurers Gain Market Share in 1Q23 May 15, 2023 John Bancroft Government MI volume slid 19.0% to an estimated $71.38 billion.Read More
Jumbo Correspondent Sales Down in 2022 May 11, 2023 James Dohnert Sales of jumbos in the correspondent channel fell by 50.9% on an annual basis in 2022.Read More