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Mortgages Backed by NOOs Hitting the Secondary Market and Not in a Good Way

April 5, 2021
Paul Muolo

RAMS: “Large, medium, and small originators are all in the same boat looking for new outlets for this product.”


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Wholesale CEO Criticizes GSE Limits on Investment Property Loan Purchases

April 5, 2021
Dennis Hollier

“Here’s what it means to you,” said the CEO. “You’re going to start seeing that second homes and investment homes might have loan-level price adjustments"...


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GSE Business Volume Rock Solid in 1Q21 but Off From Fourth Quarter

April 5, 2021
John Bancroft

The first quarter of 2021 still ranked as the second-highest quarterly volume for the two GSEs...


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Securitization Claims Higher Share of Mortgage Market

April 1, 2021
John Bancroft

Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...


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Is the Waving of Appraisal Waivers Harmless?

March 31, 2021
Dennis Hollier

The benefits of a waiver are straightforward. Fannie said it speeds up the loan origination process...


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Flow Deal Could Net Buyer $1.2 Billion of MSRs

March 26, 2021
Paul Muolo

The MSR totals are based on February loan production by this particular seller...


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Fannie and Freddie Get a Downgrade: 'Underperform'

March 24, 2021
Dennis Hollier

Fannie and Freddie are earning a ton of money. But that isn't the problem...


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Headed in the Right Direction: Residential Forbearance. However…

March 23, 2021
Paul Muolo

“More than 11% of borrowers in forbearance have now exceeded the 12-month mark,” said Mike Fratantoni, MBA’s SVP and chief economist. “We anticipate that servicers will be busy over the next month"...


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A Trend in the Making: GSE Executives Searching for Greener Pastures

March 19, 2021
Paul Muolo

Executive-wise, Fannie has taken a bigger hit than Freddie...


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GSE Servicing Rights Grew By A Robust 13% in 2020

March 18, 2021
John Bancroft

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.


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