Brandon Ivey

New GSE Purchase Limits and the Non-Agency Market

May 6, 2021

Non-agency outlets are seeing a surge in the supply of non-owner-occupied loans due to caps recently placed on GSE business. Non-agency MBS issuance is expected to increase, though pricing for jumbos is also declining.

Performance of Auto ABS Continues to Improve

May 6, 2021

Brandon Ivey

The extension rate on loans in auto ABS declined again in February. Still, extensions are elevated compared with a year ago, just before the pandemic hit the economy.

Borrowers Hungry for Jumbos Despite Uptick in Interest Rates

May 6, 2021

Brandon Ivey

With home prices continuing to increase, jumbo lending — a must menu item for California shops — is now gaining popularity in other states.

Grapevine: The Big Boys (Nonbanks) Report / GOS Down, MSRs Up

May 6, 2021

Paul Muolo and Brandon Ivey

Originations remained strong in 1Q21 but GOS suffered. The good news: MSR owners had a golden opportunity to mark up the asset.

MFA to Acquire Business-Purpose Lender Lima One

May 6, 2021

Brandon Ivey

MFA already owned a minority stake in Lima One.

Short Takes: GSEs Get Specific on Dates for Refi Initiative / CHLA Persistent on FHA Issue / Former HUD Chief Montgomery Launches Consulting Firm / Should Nonbanks be on the Hook for CRA?

May 5, 2021

Paul Muolo and Brandon Ivey

The Community Home Lenders Association continues to pound the drumbeat, once again calling on the FHA to eliminate its life-of-loan mortgage insurance policy...

New Residential’s Income Jumps in 1Q, Aided by MSR Marks

May 5, 2021

Brandon Ivey

In early April, New Residential agreed to buy competitor Caliber Home Loans for roughly $1.68 billion.

Short Takes: Not Good Enough? / Up Next: Rocket / No Ratings Impact from Wells Deal / Beware of Loan Concessions / Reverse Lender Settles with the CFPB

May 3, 2021

Paul Muolo, Brandon Ivey, and Lisa Burden

Industry consultant Joe Garrett is warning mortgage lenders about loan concessions...

Many Lenders Planning Hybrid Home/Office Work

April 30, 2021

Brandon Ivey

When the pandemic subsides, the majority of lenders plan to allow to some employees to continue working from home.

Short Takes: The MSR Auctions Keep Coming / NewRez Ups Warehouse Bond / More Ginnie EBOs Hit the Market / Redwood’s New MBS / A Forbearance Streak Ends

April 30, 2021

Paul Muolo and Brandon Ivey

The secondary market for delinquent FHA and VA loans pulled out of Ginnie Mae MBS continues to hum along. RAMS Capital had pools bidding this week…

Brandon Ivey

ARTICLES

New GSE Purchase Limits and the Non-Agency Market

Performance of Auto ABS Continues to Improve

Borrowers Hungry for Jumbos Despite Uptick in Interest Rates

Grapevine: The Big Boys (Nonbanks) Report / GOS Down, MSRs Up

MFA to Acquire Business-Purpose Lender Lima One

Short Takes: GSEs Get Specific on Dates for Refi Initiative / CHLA Persistent on FHA Issue / Former HUD Chief Montgomery Launches Consulting Firm / Should Nonbanks be on the Hook for CRA?

New Residential’s Income Jumps in 1Q, Aided by MSR Marks

Short Takes: Not Good Enough? / Up Next: Rocket / No Ratings Impact from Wells Deal / Beware of Loan Concessions / Reverse Lender Settles with the CFPB

Many Lenders Planning Hybrid Home/Office Work

Short Takes: The MSR Auctions Keep Coming / NewRez Ups Warehouse Bond / More Ginnie EBOs Hit the Market / Redwood’s New MBS / A Forbearance Streak Ends

Latest Imf News

Mortgage Applications Start Year Well Above Early 2025 Level

Mortgage Securitization Rate Increases With GSE Activity

Redwood Continues Leaning on Rocket for Jumbos

Consumer Advocates Frustrated by CFPB’s Regulatory Approach

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Profitability Report 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?