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
Fannie and Freddie Loosen the Purse Strings on Loan Credit April 8, 2024 Paul Muolo Meanwhile, the share of the safest mortgages — in terms of underwriting characteristics — slipped to 11.26%...Read More
The Fairholme-GSE Case: Not Quite Over (Probably) April 8, 2024 Dennis Hollier The final legal process could stretch out for another year or two...Read More
First-Quarter Agency MBS Volume Up on Annual Basis April 5, 2024 John Bancroft Purchase-mortgage volume at Ginnie Mae increased by 13.9% on an annual basis in the first quarter of 2024.Read More
Assessing the Impact of the 2021 Cap on GSE Business April 4, 2024 Dennis Hollier Researchers found that local banks exploit their superior information about housing prices when deciding whether to hold loans in their portfolio.Read More
FHFA Conducting Targeted Exams of Nonbanks March 29, 2024 Brandon Ivey Between October 2021 and August 2023, 21 exams were conducted.Read More
Short Takes: FHFA to Improve Exam Practices / Better Taps Real Estate Agents / Doma Plans to Go Private / Pending Home Sales Up Slightly March 29, 2024 Brandon Ivey FHFA is working on internal guidance to improve its exams of nonbank mortgage companies.Read More
The 4Q23 Buyback Picture: a Sharp Decline at Freddie, an Increase for Fannie March 25, 2024 John Bancroft Most lender buybacks are linked to mortgage-backed securities issued within the past two years.Read More
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