Seller buybacks were up 20.3% from the first to the second quarter, with most of them involving loans sold to the GSEs in 2021. Rocket Mortgage and loanDepot led the industry in repurchases during the first half of 2022. (Includes three data charts.)
S&P, Moody's and Fitch continued as the top rating services in non-agency MBS and ABS at the midway point in 2022, though Kroll held onto the lead in the RMBS market. (Includes two data charts.)
Issuance of GSE Supers appeared to take a hit in July when Fannie and Freddie implemented new fees on commingled collateral, but production rebounded in August. (Includes two data charts.)
Banks, thrifts and credit unions all reported sizable increases in their retained single-family mortgages. And home-equity debt outstanding was up for the first time in 14 years. (Includes two data charts.)
The Federal Reserve remained the largest single investor in single-family MBS, though its portfolio finally began to decline during the second quarter. Ginnie led the agency market gains, while non-agency posted a fourth straight quarterly gain. (Includes two data charts.)