A smaller share of Fannie/Freddie purchase loans fell in the highest-risk category during the first quarter of 2020, although there was an upswing in higher-risk refinance loans. (Includes two data charts.)

GSE MBS Volume Softens in 1Q20, Bank Share Rebounds

April 10, 2020

John Bancroft

Nonbank market share declined slightly in the first quarter largely because depository institutions were selling older loans to Fannie and Freddie. Refi business ramped up in March. (Includes two data charts.)

Non-Agency MBS Issuance Slump Could Last All Year

April 9, 2020

John Bancroft

Analysts at Bank of America Securities predict just $3.4 billion of prime jumbo and non-QM MBS will be issued for the rest of 2020. Non-agency MBS issuance came to a near standstill in March. (Includes three data charts.)

Issues Aplenty as Agency Market Barrels into 2020

April 9, 2020

John Bancroft

Don’t look now, but the agency MBS market started the year on a pace to rival the all-time record set back in 2003. It probably won’t last. (Includes two data charts.)

Until the Pandemic Hit, 2020 Was Shaping Up to be a Banner Year for MBS Issuance

April 9, 2020

John Bancroft

Among the top five agency MBS issuers in the first quarter, three were nonbanks: Quicken, PennyMac and UWM, according to exclusive figures from Inside Mortgage Finance...

Ginnie MBS Issuance Slows in1Q20, but Heads North in March

April 6, 2020

John Bancroft

Refi volume was clearly gaining speed in March. On a combined basis, deliveries of FHA and VA refi loans grew 8.4% from February…

GNMA MBS Issuance Slows in 1Q20, Heads Up in March

April 3, 2020

John Bancroft

The next big refinance wave in government lending may take a few months to fully hit the Ginnie Mae MBS market, but it's coming. (Includes four data charts.)

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