The ABS market itself shrank slightly during the third quarter, according to data reported by the Securities Industry and Finance Markets Association...
Commercial banks and savings institutions racked up $5.18 billion in mortgage-banking income during the third quarter of 2016, a huge 44.6 percent increase over the three-month period ending in June, according to a new Inside Mortgage Trends analysis of call report data.
Commercial banks and savings institutions boosted their holdings of residential MBS substantially during the third quarter, a new analysis of call-report data by Inside MBS & ABS reveals.
In the refinance market, the share of loans falling into the low-score/high LTV group was 2.57 percent, down from 2.86 percent in the second quarter...