Market Data

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

February 22, 2019 - IMFnews

Taiwanese Firm Buys a Stake in Mortgage REIT New Rez

The SEC filing does not state the purpose of the investment...

February 22, 2019 - IMFnews

Banks Stock Up on Fannie/Freddie MBS as 2018 Ends

The biggest increase in held-to-maturity and available-for-sale accounts was in agency pass-through securities…

February 21, 2019 - IMFnews

Mortgage Broker Market Share Hits 9-Year High

The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…

February 20, 2019 - IMFnews

Weak 4Q Purchase Lending Shrinks FHA/VA Output

Among the top-15 FHA direct lenders in 2018, not one was a bank...

February 19, 2019 - IMFnews

Short Takes: The Largest Post-Crisis Nonprime MBS? / FICOs as Low as 500 / Reasons for Getting Out (Blame the Tech Giants?) / Sell One, Buy Two / Movement EVP Taveekanjana Departs for Envoy

Jumping from Movement Mortgage to Envoy Mortgage: Tony Taveekanjana...

February 19, 2019 - IMFnews

Jumbo Lending Falls in 4Q18 On Weaker Demand

In the jumbo qualified mortgage space, 21 of 60 banks reported weaker demand…

February 15, 2019 - Inside Nonconforming Markets

GSE Nonprime Assets Have Differing Run-Off Rates

Fannie Mae and Freddie Mac continue to let their holdings of nonprime mortgages run off, with some differences in the rate at which the holdings are diminishing, according to a new analysis by Inside Nonconforming Markets. The holdings are concentrated on mortgages originated before the financial crisis, largely purchased/guaranteed loans held in portfolio. Fannie held $56.10 billion of such loans as of the end of 2018, down 24.5% annually ... [Includes one data chart]

February 15, 2019 - IMFnews

What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orman Lands

On the doorstep: The recap and release of Fannie and Freddie?

February 15, 2019 - IMFnews

Mortgage Securitization Rates Steady in 2018, Non-Agency Rising

The Ginnie securitization rate hit 100.2%, but timing issues were involved…

February 14, 2019 - IMFnews

Annaly Posts a Whopping $2.25 Billion Loss for 4Q18, Eyes the Non-Agency Market

Annaly CEO Kevin Keyes said the REIT is working to diversify its investment strategy, including a focus on acquiring new non-agency mortgages…

February 14, 2019 - IMFnews

Lower Earnings for Fannie and Freddie, 4Q18 Dividend Payment On Track (For Now)

It’s rare but Fannie and Freddie reported results on the very same day…

February 14, 2019 - IMFnews

Government MI Rebounds in 4Q18, but PMIs Had Strong Showing in 2018

In terms of new insurance written during 2018, the market leaders were Arch, Radian and MGIC…

February 13, 2019 - IMFnews

Ginnie Mae Approved Only 8 New Issuers in 2018

Nonbanks comprise 61% of approved servicers of Ginnie’s $2.04 trillion portfolio…

February 13, 2019 - IMFnews

Mortgage Jobs Grim with Selected Pockets of Hope

But not all conventional lenders are handing out pink slips these days...

February 13, 2019 - IMFnews

GSE Single-Family MBS Issuance Off to a Slow Start in January

Wells Fargo, Quicken Loans and PennyMac ranked first, second and third, respectively, in loan sales to Fannie and Freddie during January…

February 12, 2019 - IMFnews

A Tiny 4Q18 Profit for New Residential

New Rez continues to gobble up MSRs like there's no tomorrow...

February 12, 2019 - IMFnews

The 4Q18 Tally: Banks Report Sharp Drop in Mortgage Banking Income

Much of the mortgage earnings damage took place at the top…

February 11, 2019 - IMFnews

PennyMac Bucks the Trend, Increases Originations in 4Q18

Most of PennyMac's production entails correspondent acquisitions from primary market originators, a strategy that typically carries lower profit margins...

February 11, 2019 - IMFnews

GSE Credit Profile Turned Riskier in 4Q18

For all of last year, some 8.15% of GSE purchase loans fell in the low-score/high-LTV bucket…

February 8, 2019 - IMFnews

What We’re Hearing: Salivating at the Prospect of a Fannie-Freddie Stock Offering? / Mulvaney Again / Waiting in the Wings for Treasury’s GSE Assignment? / What Could Stand in the Way? / MI Roundup / Wells Fargo, the MBS King / A New Legislative Hire for MBA: Tallman Johnson

But one thing is certain: the Trump White House is not monkeying around with GSE reform...

February 8, 2019 - IMFnews

While Conventional Lenders Slip, Angel Oak and Citadel Excel

In comparison, Wells Fargo, JPMorgan Chase and Quicken Loans posted volume declines of 17.1%, 19.3% and 3.0%, respectively…

February 8, 2019 - IMFnews

Agency MBS Production Fell Modestly in January

It was the lowest combined output for the three agencies since February 2016, when just $80.49 billion of new MBS were issued.

February 7, 2019 - IMFnews

BlackRock’s Stake in Ocwen Financial: 6.3%. Meaning?

Ocwen would like to buy mortgage servicing rights once again, but…

February 7, 2019 - IMFnews

4Q18 Ugly: All Major Mortgage Product Groups Suffer

Expanded-credit was the only corner of the market that grew last year – by an estimated $7.6 billion…

February 7, 2019 - IMFnews

A Mortgage Giant in the Making? BB&T, SunTrust Set Merger

Once the merger is completed, the combined institution will rank ninth, just ahead of AmeriHome Mortgage.

February 6, 2019 - IMFnews

Short Takes: About That Net Worth Profit Sweep… / A Permanent Ginnie President? / LOs Tell the Fed: Loan Demand is Weaker / A Lack of Experienced Underwriters for Non-QMs / A New Loan Officer at Castle & Cooke

Unless a change is made to the terms of their “bailout,” Fannie and Freddie will upstream most of what they earn to Treasury by the end of March...

February 5, 2019 - IMFnews

A Banner Year for Angel Oak, Firm Doubles Non-QM Production

Angel Oak Managing Partner Michael Fierman: “We continue to see great potential for this market…”

February 5, 2019 - IMFnews

Nonbanks Amassed Large MBS Market Share in 2018

Over the same timeframe, agency MBS production by commercial banks, thrifts and credit unions fell 17.2 percent…

February 4, 2019 - IMFnews

As More Lenders Enter Non-QM Space, Underwriting Tightens (So Far)

For expanded-credit MBS issuance in all of 2017 and 2018, the average credit score was 714.9.

February 4, 2019 - IMFnews

Third-Party Producers Continue to Dominate in the FHA/VA Space

Meanwhile, the wholesale-broker share of FHA/VA purchase lending inched up to 13.3% in 2018, a 40 bps upward wiggle…

February 1, 2019 - IMFnews

What We’re Hearing: Craig Phillips, the ‘Ax’ / What We Talk About When We Talk About GSE Reform / Next Up: Meetings on Capitol Hill / Time for Treasury to Hire an Investment Banker? / Keeping an Eye on loanDepot / More VC Money for Better Mortgage

And some point, it stands to reason that the U.S. Treasury Department would hire an investment banking firm with a specialty in Washington matters to assist in a recap and release plan…

February 1, 2019 - IMFnews

‘Crazy Pricing’ Blamed for Lower Origination Volume

Flagstar CEO Sandro DiNello said some lenders are pricing mortgages “irrationally…”

February 1, 2019 - IMFnews

Another Record Year for GSE Credit-Risk Transfers

CRT deals have redefined the Fannie/Freddie business model…

January 31, 2019 - IMFnews

Mortgage Servicing Market Grew More Top Heavy Late Last Year

Wells Fargo, the nation’s largest home lender and servicer, saw its MSR portfolio shrink by 1.6 percent on a sequential basis…

January 30, 2019 - IMFnews

Applications Decline but Signs of Life in Selected Markets?

On an unadjusted basis, the trade group’s application index decreased 10.0 percent compared to the week prior.

January 29, 2019 - IMFnews

Short Takes: Is the Party Over for GSE Common? / A Bubble Bursting on Shareholders / The King of MSR Buys: New Residential / Cleveland Rocks (for New Home Owners), Pittsburgh and OKC Too / Freddie Gets New Chairperson

New Rez’s MSR haul: $50.9 billion of agency product...

January 29, 2019 - IMFnews

Mortgage Gripes Filed with the CFPB Fall to a New Low

Servicing practices attracted the most mortgage-related complaints, accounting for almost half, Inside the CFPB found…

January 29, 2019 - IMFnews

Freddie MBS (Servicing) Grew Faster Than Fannie Sector in 2018

And although trendlines varied significantly among the top-ranked processors, the overall migration of GSE servicing to nonbanks continued last year.

January 28, 2019 - IMFnews

Agency MSR Transfers (Sales) Up a Solid 13.9 Percent in 2018

The three most active sellers of bulk MSRs: Stearns Lending, United Wholesale Mortgage and loanDepot, according to exclusive figures from Inside Mortgage Trends…

January 25, 2019 - IMFnews

Commercial MBS Issuance Declined Slightly in 2018

The flow of multifamily mortgages into non-agency CMBS actually rose slightly in 2018, including a burst of activity in the fourth quarter.

January 24, 2019 - IMFnews

A Profit Decline for Top-Ranked Warehouser Texas Capital

Mortgage finance assets comprise 32.0 percent of Texas Capital's asset base...

January 24, 2019 - IMFnews

A Market In Transition: Originations Hit Four-Year Low in 4Q18

Among the nation’s top 10 originators, United Wholesale Mortgage was a standout, growing production by 40.8 percent in 2018…

January 22, 2019 - IMFnews

Flagstar Sees Residential Originations Plummet

Flagstar CEO Alessandro DiNello: “Our mortgage business was softer than we expected."

January 22, 2019 - IMFnews

FHA/VA Default Rates Edge Higher

The serious delinquency rate was a different story…

January 22, 2019 - IMFnews

Don’t Look Now but Jumbo LTVs are on the Rise: 76 Percent and Climbing…

However, the rise in the LTV ratio occurred as issuance volume declined…

January 18, 2019 - Inside FHA/VA Lending

Plan Afoot to Reintroduce VA ‘Orphan Loan’ Measure

Congress reportedly plans to reintroduce legislation that would restore Ginnie Mae eligibility for $100 million dollars’ worth of so-called orphan VA streamline refinance loans.

January 18, 2019 - IMFnews

Megabanks’ Originations Weak, MSR Values an Issue

Publicly traded nonbank giants, including PennyMac and Mr. Cooper, have yet to report results, but there’s nothing to suggest these shops will fare much better…

January 18, 2019 - IMFnews

ABS Issuance Hits Post-Crisis High Despite Soft Landing

The only ABS to show increased production in 4Q18 were deals backed by business loans.

January 17, 2019 - IMFnews

Mortgage Employment Falls to 10-Month Low

Conventional lenders will have a tougher time of it this year...

January 17, 2019 - IMFnews

‘Digital’ Lender Better Mortgage Triples Originations

Better said the company’s LOs originate an average of 40 loans per month versus the industry average of 4.2 loans...


Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.


Time for a change. Borrowers are different today.


Undecided, still assessing the situation.