MBS holdings at Fannie and Freddie are a shadow of what they used to be. Then again, being in a conservatorship that just celebrated its quinceanera will do that to you.
The business of subservicing loans for others continued apace in the second quarter with modest growth. The good news: Delinquencies are low but some lenders that source the loans are going bust. (Includes data chart.)
Profit margins are tight in wholesale but that isn’t stopping EPM owner Eddy Perez from converting his national shop into a table-funding-only producer. Will it work? We’re about to find out.
Some credit unions are toying with the idea of selectively trimming their holdings of seasoned residential mortgages. A trend or just a blip in activity?
When it comes to net revenue, MBA had a strong showing in fiscal 2022. But the trade group remains worried about what industry consolidation might do to its numbers going forward.