Delinquencies on loans in agency MBS increased across the board in the fourth quarter of 2023. The rate of performance deterioration quickened compared with trends earlier in the year. (Includes data table.)

While originations are expected to increase this year, margins might not improve much; First American back online following cyberattack; MSR demand expected to remain strong; held-to-maturity accounting lives on; new digital servicing platform; new buydown program.

Mortgage originations declined by about 30% in the fourth quarter at BofA, Chase and Wells.

loanDepot's borrowers are facing difficulties making mortgage payments...

Morningstar places 77 commercial MBS on review for potential downgrades; Coinstar ABS face potential downgrades; Fitch sees neutral impact for airline ABS amid troubles with Boeing planes; Verizon to issue mobile device financing ABS.

A cyberattack this week forced loanDepot’s servicing portal to go offline and its online loan applications process to stop working.

The $455.6 million securitization of closed-end second liens is the largest securitization of newly-originated closed-end second liens seen in recent years.

The case centers on whether national banks have to follow state laws on interest payments for funds held in escrow accounts.

Verus Mortgage Capital, already the top issuer of expanded-credit MBS, is planning to issue a $701.6 million deal, marking the largest issuance from the affiliate of Invictus Capital Partners in more than a year.

Foreclosure activity looks to be returning to more traditional patterns following pandemic volatility.