Some 91.8 percent of REIT MBS holdings ($211.95 billion) are in agency securities…

The nonprime residential market is getting more attention as the big product categories hit the skids.

Performance of non-QM loans has been strong, buoyed by good house-price appreciation and the fact there have been no lawsuits based on the ability-to-repay rule.

The 14 largest FHA originators were all nonbanks, led by Quicken Loans, Freedom Mortgage and loanDepot.

“Our assessment indicates that this change would not impact the MBS markets,” Fannie Mae said.

The key factor for the greater MI penetration was the relatively stronger performance of purchase-mortgage lending compared to refinance activity…

The MSR market is in a good place now, said MountainView’s David Bennett.

Some of the slowdown in non-agency CMBS is likely due to lingering uncertainty about risk-retention requirements, which took effect at the end of 2016.

Only two depositories – HomeStreet Bank and Citigroup – reported a net loss on mortgage banking.

According to an Inside MBS & ABS analysis, the average credit score for GSE business in the first quarter was 745.1…