January 20, 2023

Agency MSR Transfers Ease Toward End of Record Year

More than $1 trillion of agency servicing rights changed hands in 2022. While bulk MSR transfers soared last year, the coissuance market was hammered by the sharp decline in agency business. (Includes three data charts.) Read More

Delinquencies on Agency Mortgages Jump in Fourth Quarter

The delinquency rate on loans in agency MBS increased gradually between March and September, then spiked during the fourth quarter. (Includes data chart.) Read More

A Growing Fear: Too Much Servicing for Sale?

Last year was a barn-burner for MSR sales. But so many nonbanks need to sell this year that too much supply has resulted in weaker pricing. What’s a mortgage banker to do? Read More

Profitability a Key Factor as Wells Shrinks Mortgage Operations

Officials at the bank suggest Wells won’t take much of a hit from the loss of correspondent production. And profitability on the servicing side is expected to improve as the portfolio shrinks. Read More

FHFA: GSEs Must Assess Value of Seller/Servicers’ MSRs

Fannie and Freddie will institute their own models for assessing the values of MSRs held by seller/servicers, even if those MSRs are for mortgages not owned or guaranteed by the GSEs. Read More

Rocket Diversifies in Pursuit of Purchase Mortgages

Rocket is known for refis. Demand for refis is limited due to rising interest rates. So Rocket is taking steps to boost originations of purchase mortgages. Read More

MBA Says IVES Updates Add Redundant Steps

A congressionally mandated update to the Internal Revenue Service’s Income Verification Express System is causing some alarm among mortgage trade representatives. The update was meant to save time by moving the system from a fax-based process to a real-time, digital one. Read More

Grapevine: New LLPAs at GSEs; UWM Gives Brokers Pricing Power

GSEs revise loan-level pricing adjustments; FHFA cuts UMBS comingling fee; UWM gives brokers pricing flexibility; foreclosures more than double; loanDepot to use Black Knight’s loan origination system; Lower offers white-label mortgage platform; Blend continues right-sizing. Read More

Inside Mortgage Trends

View Archived Issues

Agency MSR Transfers Ease Toward End of Record Year

Delinquencies on Agency Mortgages Jump in Fourth Quarter

A Growing Fear: Too Much Servicing for Sale?

Profitability a Key Factor as Wells Shrinks Mortgage Operations

FHFA: GSEs Must Assess Value of Seller/Servicers’ MSRs

Rocket Diversifies in Pursuit of Purchase Mortgages

MBA Says IVES Updates Add Redundant Steps

Grapevine: New LLPAs at GSEs; UWM Gives Brokers Pricing Power

Latest Imf News

Retail Channel Regains Some Share of Originations in 2025

ARMs From Nonbanks Head Into MBS From Redwood

Non-Agency MBS Issuers Expect Benefits From Disclosure Shift

FHA Faulted on Now-Rescinded Foreclosure Sale Program

Featured Data

Bank Servicing Declines in 4Q, MSR Fair Values Up

Mortgage-Banking Earnings at Banks Level Off in 4Q

Fannie Mae, Freddie Mac Profits Decline in 2025

Home Equity Loan Securitization Growth Levels Off

Featured Reports

Top Mortgage Players: 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Mortgage Profitability Report 3Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

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?

Inside Mortgage Trends

January 20, 2023

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