In the first quarter, 11.2 percent of Fannie/Freddie purchase loans had credit scores below 700 and LTV ratios of 81 percent or higher. That was up from 7.4 percent in the fourth quarter…
Over half (51.1 percent) of VA loans securitized through Ginnie MBS in the first quarter of 2016 were retail originations, but only 39.1 percent of FHA loans came through that channel.
Freddie Mac reduced its portfolio to $339.9 billion at the end of the quarter, a 2.0 percent drop. Like Fannie, the biggest decline in percentage terms was in non-agency MBS…
Fannie’s guaranty fee income for single-family and multifamily segments nudged up 0.9 percent from the fourth quarter, while Freddie’s was up 0.4 percent.
An estimated $24.52 billion of GSE loans were delivered into MBS during 1Q16 with the servicing rights being taken over by a servicer not affiliated with the loan seller.