It was thought that higher capital requirements proposed on Ginnie Mae issuers would ding valuations of the MSR asset. But so far, that hasn’t happened. Credit: strong demand and declining forbearance ratios.

California accounted for most of the overall market decline in agency business during the second quarter, although FHA lending was up in the state. (Includes data chart.)

Fannie Mae, Freddie Mac and Ginnie Mae reported sharp declines in all delinquency categories during the first quarter of 2021, when loan performance typically improves. (Includes data chart.)

There are signs that the “adverse market refinance fee” is pushing some business away from Fannie and Freddie toward government mortgage insurance programs. (Includes two data charts.)

Private mortgage insurance provided most of the coverage for purchase loans securitized in the fourth quarter, while VA was the top guarantor of agency refi loans. (Includes data chart.)

The new deadline will allow Oceanwide to move forward with other regulatory measures needed to close the transaction after it was re-approved by the National Development and Reform Commission in China.

California remained the top market for insured mortgage originations in the third quarter, though volume was up 16.6%, compared with a 19.1% increase nationwide. (Includes data chart.)

The Trademark Trial and Appeal Board ruled that “Guaranteed Rate” is “incapable of functioning” as a standalone mark.

The Golden State still ranked tops in most primary mortgage insurance categories during the second quarter, but Texas gained in many products. (Includes data chart.)

The financial turmoil caused by the coronavirus pandemic has prompted many seniors to consider, for the first time, a reverse mortgage.