In 4Q22, loanDepot and UWM Were Busy ‘Transferring’ MSRs January 24, 2023 Paul Muolo and John Bancroft For all of 2022, UWM transferred $98.8 billion of bulk MSRs, more than any other nonbank.Read More
Fewer Originations Last Year, But Fewer Consumer Gripes Too January 24, 2023 Sam Manas Gripes about residential loan applications totaled 4,151 in 2022, down 30% from the year prior...Read More
Agency Delinquencies Begin to Head North January 24, 2023 Brandon Ivey Much of the increase in the fourth quarter was tied to newly-delinquent loans...Read More
The Final Tally: A Stunning $1.1 Trillion of MSRs Changed Hands Last Year January 23, 2023 John Bancroft The star of the show was the bulk market, where $920.9 billion of agency MSRs transferred...Read More
Large Banks Show Gains on GSE Servicing January 23, 2023 Dennis Hollier Much of the shift in 4Q22 occurred at large banks...Read More
PMI Volume Hammered in 4Q22 January 19, 2023 John Bancroft The insured-mortgage market was more resilient because 65.2% of agency purchase loans carried some primary coverage in 2022.Read More
Tough (Mortgage) Sledding for the Megabanks in 4Q22 January 19, 2023 Paul Muolo Some of the sequential declines in originations were brutal...Read More
For the First Time Since Early 2019, Ginnie Issuance Below $100B January 18, 2023 Andras Malatinszky The VA side of the aisle took a larger hit, plummeting 23.6% to $39.72 billion...Read More
Non-QM Performance Skids For a Third Straight Month January 18, 2023 Brandon Ivey Total impairments on securitized non-QMs reached 4.2% in November...Read More
An Ugly 4Q22 Decline for EC MBS January 17, 2023 Brandon Ivey JPMorgan Chase was the top prime-jumbo and EC MBS underwriter in 2022...Read More
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