Residential MBS issuance took the biggest hit from skyrocketing interest rates in 2022, but commercial MBS and ABS production were also down significantly from the previous year. (Includes three data charts.)
Nearly all sellers recorded huge declines in agency deliveries in late 2022 as purchase-mortgage volume plummeted. Ginnie ranked as the top agency MBS issuer in the fourth quarter. (Includes two data charts.)
The prime non-agency market took a disproportionate decline in securitization rate during the third quarter, while the government-insured sector was relatively unscathed. (Includes data chart.)
Bank holding companies reported an increase in agency MBS held in trading accounts in the third quarter, plus smaller gains in CMBS and ABS. (Includes data chart.)
Top 100 lender production was down 22% in the third quarter, as were credit union originations. Total nonbank originations and retail lending through bank lending platforms fell 23%. (Includes two data charts.)