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Short Takes: The Big Dogs Report / A Tale of Two Rankings / The Power of Title Insurance / A New Hire at Mr. Cooper / Correction

October 21, 2024
Paul Muolo and Dennis Hollier
Fannie Mae recently introduced a pilot program that would waive the title insurance requirement on certain refis...
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Primary MI Volume Increases in Third Quarter

October 18, 2024
Brandon Ivey
The increase in the use of primary MI during the third quarter was sharpest in refinances.
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Core Products Remain the Focus at GSEs in 3Q

October 17, 2024
James Dohnert
Noncore products are loans in which the non-agency market competes with the GSEs.
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Agency Servicing Tops $9.0 Trillion in Third Quarter

October 11, 2024
John Bancroft
Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.
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Mortgage Activity With MI Increases in Third Quarter

October 10, 2024
Namrata Bhatia
Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.
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GSE Business Increases in Third Quarter

October 9, 2024
Dennis Hollier
Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.
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Loan Limit Head Start Could Come With Complications

October 9, 2024
Brandon Ivey
Loans made with balances above the 2025 loan limits won’t be eligible for delivery to the GSEs’ standard programs.
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Residential Mortgages Lift Issuance of MBS & ABS

October 8, 2024
John Bancroft
Residential MBS production was up 11.9% from the second quarter, hitting $341.43 billion, a two-year high.
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GSE Loan Deliveries in 3Q: Lower Credit Scores...

October 7, 2024
Namrata Bhatia
Some 9.2% of purchase loans sold to the GSEs in 3Q24 had credit scores below 700.
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Teasing Out the Credit Scores of New GSE Borrowers?

October 7, 2024
Paul Muolo
Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.
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