Market Data

Browse articles from all of our Newsletters related to Market Data.

July 21, 2017 - IMFnews

Solid Gains for Non-Mortgage ABS in 2Q17 – Thanks, in Part, to Pizza

A lot of the ABS oomph came from the $2.08 billion whole-business securitization by Domino’s Pizza...


July 20, 2017 - IMFnews

An Early Look at 2Q17 Production: A Mixed Bag at the Mega Banks; Nonbanks like UWM are Bullish

“Last year we did about $23 billion in originations and this year I expect us to hit between $27 billion and $30 billion,” said UWM CEO Mat Ishbia.


July 20, 2017 - IMFnews

Ginnie Mae Continues to Lead the Pack in Agency Servicing Growth

Outstanding MBS servicing at Fannie actually declined slightly in the second quarter…


July 19, 2017 - IMFnews

Mortgage Applications Heat Up for the Week

Applications are heading northward again...


July 19, 2017 - IMFnews

2Q17 Results: A 10 Percent Gain in Originations for U.S. Bancorp

The bank’s servicing portfolio remained just about flat at June 30, coming in at $232.4 billion...


July 19, 2017 - IMFnews

Most Mortgage Gripes Plunge – Except for Loan Servicing

Specialty servicers Ocwen and Ditech Financial ranked third and fifth, respectively, in mortgage complaints during the first six months of 2017, according to Inside the CFPB.


July 19, 2017 - IMFnews

Bank Mortgage Repurchases Trend Lower

Bank of America once again reported the biggest volume of residential loan repurchases: $421 million…


July 18, 2017 - IMFnews

Residential Production at BofA Rises 16 Percent; MSR Balances Continue to Fall

Compared to the same period a year ago, servicing balances have fallen by 19.5 percent.


July 18, 2017 - IMFnews

Fannie/Freddie Single-Family MBS Business Slumped in 2Q17; Bank and Thrift Business Weak

Wells Fargo saw an 18.6 percent drop in its GSE business during the April-June cycle, but the three other megabanks had much bigger declines…


July 17, 2017 - IMFnews

Short Takes: LOs, You’ve Been Put on Notice / Citigroup’s MSR Holdings: Down 68 Percent / GOS Outlook / Two Harbors Prices Preferred Shares / Castle & Cooke Hires Compliance Manager

Mortgage gain-on-sale margins likely will be flat...


July 17, 2017 - IMFnews

UI: Single-Security Efforts Alleviated GSE Pricing Disparities

Freddie Mac’s prepayment speeds are no longer faster than Fannie’s…


July 17, 2017 - IMFnews

MBS Trading Volume Increased in June, but…

It hasn’t been pretty the last couple of weeks for MBS values…


July 17, 2017 - IMFnews

Retail Channel Losing Steam in 2Q17 Agency Business; Brokers Rising

Agency mortgages produced by mortgage brokers actually rose 4.4 percent in the second quarter, even as the overall market was falling 6.1 percent.


July 14, 2017 - IMFnews

A 27 Percent Jump in Originations at Wells Fargo; JPM’s Volume Up Just 2.3 Percent

JPM reported mortgage banking income of $1.43 billion in the second quarter, off $103 million from the first quarter and down $495 million compared to 2Q16.


July 14, 2017 - IMFnews

A Strong Showing for Non-Agency MBS in 2Q17 – Thanks to S&D Deals and Re-securitizations

One of the biggest development this year has been the growing consistency in issuance of nonprime MBS.


July 13, 2017 - IMFnews

Ginnie Mae MBS Issuance Rides the Tide of Rising Home Sales

The top three Ginnie Mae issuers in 2Q17 were PennyMac, Wells Fargo and Freedom Mortgage…


July 13, 2017 - IMFnews

Insured-Mortgage Business Posted Solid Gain in 2Q17

Fannie Mae and Freddie Mac acquired $57.17 billion of single-family loans with private MI coverage during the second quarter…


July 12, 2017 - IMFnews

Prime Non-Agency MBS Issuance Tumbles a Bit in 2Q17; JPM Leads the Market

Some 15.2 percent of the mortgages in Chase’s second-quarter MBS were eligible for sale to the government-sponsored enterprises.


July 10, 2017 - IMFnews

A Breakout Quarter for Nonprime MBS; $1.08 Billion of Deals in 2Q17

“Rated nonprime non-qualified-mortgage transactions should broaden the investor base,” Deutsche Bank said.


July 7, 2017 - IMFnews

What We’re Hearing: Quietly Moving Up in the Ranks: Amerihome / California is Beautiful but is it Any Place to HQ Your Mortgage Shop? / No to NYC and SF (Too Expensive) / GSEs Ready to Pounce in SFR?

If you’re opening a new mortgage company it stands to reason that the two least likely places you’d pick for your headquarters are New York City and San Francisco.


July 7, 2017 - IMFnews

Employment Reading: With Purchase-Money Lending on the Rise, Mortgage Hiring Increases

According to interviews conducted by Inside Mortgage Finance, several large nonbanks continue to hire, including Amerihome, Quicken Loans, and United Wholesale Mortgage, among others.


July 7, 2017 - IMFnews

MBS/ABS Production Faltered Slightly in 2Q17, but Some Sectors Bucked the Trend

It was the slowest agency refi market since the third quarter of 2014…


July 6, 2017 - IMFnews

Short Takes: New York Hedge Fund Declares a Stake in Walter / A Turnaround Situation / PennyMac Completes Preferred Sale / Arch Likes Asia for MI / A Promotion at Morningstar

Walter Investment, the parent of Ditech, is considered a turnaround situation...


July 6, 2017 - IMFnews

Fannie/Freddie Business Volume Down Sharply in 2Q17. Refis Lag, Purchase Loans Strong

The GSEs securitized $111.31 billion of purchase loans in the second quarter, a 21.5 percent jump from the first quarter.


July 6, 2017 - IMFnews

Many Non-QM Borrowers Actually Look Eligible for GSE Loans

According to Morningstar Credit Ratings, the weighted-average loan-to-value ratio for securitized non-QMs is 75.2 percent and the average debt-to-income ratio is 36.6 percent


July 5, 2017 - IMFnews

California Remains as the Top GSE Market; An 18.6 Percent Gain Compared to…

In California, the average Fannie/Freddie loan was $311,992 in 1Q17 compared to $307,302 in the first quarter of 2016.


June 30, 2017 - Inside Mortgage Trends

Purchase Market Starts to Percolate, As First-Timers Pull Their Weight

The purchase-mortgage market is beginning to kick into gear, according to an exclusive Inside Mortgage Trends analysis of agency mortgage-backed securities issuance through the first five months of 2017. Collectively, Fannie Mae, Freddie Mac and Ginnie Mae securitized $268.36 billion of single-family purchase mortgages from January through May. That was up 10.5 percent from the same period in 2016. Purchase-mortgage volume has ... [Includes one data chart]


July 3, 2017 - IMFnews

Purchase Market Starts to Percolate, as First-Timers Pull Their Weight

Purchase-mortgage volume has been gaining speed since bottoming out in February…


June 30, 2017 - IMFnews

Fitch Edged Out DBRS (Barely) in Rating Non-Agency MBS in 1Q17

Fitch was on top, although both companies had equal shares at 36.5 percent…


June 29, 2017 - IMFnews

The Tally: 54 Nonbanks in the Top 100; Little Change in Mortgage ‘Demographics’ for 1Q17

Banks, thrifts and credit unions accounted for 50.5 percent of first-lien mortgage production by the top 100 lenders in the first quarter, according to survey figures compiled by Inside Mortgage Finance…


June 29, 2017 - IMFnews

Ginnie Mae is Now Number Two in MBS Outstanding, but Nonbanks Aren’t Exactly Lining Up to Get Approved

New applications from issuer-wannabees is at the lowest point in nearly eight years, the agency estimates.


June 28, 2017 - IMFnews

ARMs Gain Market Share in 1Q17; JPM Ranks First

- The nation’s top three ARM lenders are JPMorgan Chase, Wells Fargo and Bank of America…


June 27, 2017 - IMFnews

IO Originations Decline in First Quarter 2017

PHH Mortgage and Chase both played a role in the decline of IO originations.


June 26, 2017 - IMFnews

Surprise: A Decline in Bank and Thrift Holdings of First Liens

Wells Fargo, which has the largest portfolio of first-lien mortgages, reported a 3.2 percent drop in its holdings, down to $272.72 billion as of the end of the first quarter.


June 23, 2017 - IMFnews

Some Lenders (Like Movement Mortgage) Keep Hiring; Others are Cautious

Quicken, the nation’s third-largest home loan originator – and number two in retail – is continuing to add positions in “all areas of the business,” said a company official.


June 23, 2017 - IMFnews

Securitization Rates Started Strong in 1Q17, but…

The lag effect was particularly noticeable in the conventional-conforming market…


June 22, 2017 - IMFnews

Home Equity Softened in 1Q17, but Growth Prospects Looking Up

Bank of America continued to dominate second lien lending with $4.05 billion of originations during the first quarter of 2017…


June 21, 2017 - IMFnews

Subservicers Post Steady Gains; Cenlar Continues its Dominance

Nationstar, in particular, has been aggressive in scouting for subservicing clients, and scored a big coup in January…


June 20, 2017 - IMFnews

Banks and Thrifts Continue to Backpedal From Mortgage Servicing

Not all depositories are retreating from the MSR market. The credit union industry reported a combined $197.6 billion in mortgage servicing for others at March 31, up 1.5 percent…


June 19, 2017 - IMFnews

A 15.1 Percent Jump in GSE Loan Buybacks for 1Q17, But Overall…

There will likely be more buyback demands on the 2015 book of business in the future, but the total may not ever get to even 0.1 percent of issuance.


June 16, 2017 - IMFnews

Fed Announces Plan to Cap Reinvestment of Cash Spewing from its Massive MBS Holdings

“By limiting the volume of securities that private investors will have to absorb as we reduce our holdings, the caps should guard against outsized moves in interest rates and other potential market strains,” said Fed Chairman Janet Yellen.


June 16, 2017 - IMFnews

A Historic Shift? Ginnie Mae is Now No. 2 in MBS Outstanding. Should Fannie Worry?

It’s Ginnie Mae by a nose: $1.704 trillion in MBS to Freddie Mac’s $1.703 trillion…


June 15, 2017 - IMFnews

Servicing Balances Hit $10.33 Trillion; Eight Consecutive Quarters of Growth

Fun fact: Ginnie Mae servicing now represents 16.5 percent of all residential debt outstanding – more than triple the program’s market share at the end of 2008.


June 14, 2017 - IMFnews

MBS Investors Hold Their Noses, but Overseas Demand is Robust

One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…


June 14, 2017 - IMFnews

USDA Securitizations Decline; Freedom Shows Stellar Growth, Thanks to Chase Deal

In the first quarter, Amerihome Mortgage had the largest sequential growth rate in USDA lending.


June 13, 2017 - IMFnews

Reverse Mortgage Lending on the Rise Again, but…

American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages…


June 12, 2017 - IMFnews

Mortgage Bankers and Brokers Careful About Hiring These Days, Except…

PRMG Mortgage of California is looking to grow its wholesale and correspondent channels and is presently searching for new account executives and support staff…


June 12, 2017 - IMFnews

Retail Share of Jumbo Originations Declined Slightly in Early 2017

The retail channel accounted for 79.3 percent of the $49.49 billion of jumbo originations reported by a diverse group of top lenders in the first quarter…


June 12, 2017 - IMFnews

June Boom for Non-Agency MBS Deals. Offerings from Redwood, Deephaven, more…

The biggest was a $698 million bond from New Residential Mortgage Loan Trust backed by performing and re-performing loans bought out of mostly Alt A legacy deals.


June 9, 2017 - IMFnews

Refis Continue to Fizzle, Dimming Some of the Glow from a Surging Purchase Market

Purchase loans accounted for a whopping 61.9 percent of the agency MBS market in May…


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