Market Data

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

April 26, 2017 - IMFnews

Thanks to UGC Purchase, Arch MI Boosts Gross MI Premiums by 214 Percent

Arch reported primary mortgage insurance in force of $237.8 billion at March 31…

April 26, 2017 - IMFnews

When it Comes to MI Volume, California Continues to Lead the Nation

Roughly $12.50 billion of agency mortgages securitized during the first quarter with some form of primary MI were tied to Golden State properties.

April 26, 2017 - IMFnews

The Early Read: Bank Mortgage Lending Down in 1Q17, Nonbanks Fare Better?

It’s still early in the reporting season, but when it comes to home lending, nonbank executives seem more optimistic than their depository peers…

April 25, 2017 - IMFnews

Nonbanks Keep Building Market Share in GSE Servicing Rights

Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.

April 25, 2017 - IMFnews

Flagstar’s 1Q17 Results: Originations and Earnings Both Fall; MSR Sales Will Continue

Flagstar sold $8.0 billion of residential servicing rights during the first quarter compared to $6.7 billion in the fourth quarter.

April 21, 2017 - IMFnews

Lone Star Prepping a Potentially Record-Breaking Nonprime MBS (Post-Crisis Era)

The pending issuance will largely be backed by purchase mortgages...

April 21, 2017 - IMFnews

1Q17 Non-Agency MBS Issuance Spikes 67 Percent on Heavy Deal Flow Tied to ‘S&D’

Although most of the major non-agency segments posted solid increases, the scratch-and-dent market was the star of the show.

April 20, 2017 - IMFnews

ABA: Small Banks Reducing their Share of Non-QM Loans

Most of the banks’ non-QMs received that designation due to high debt-to-income ratios.

April 20, 2017 - IMFnews

Agency Servicing Continues to Grow – Nonbanks Increase Holdings by Almost 22 Percent

Nonbanks serviced $2.418 trillion of agency loans at the end of the first quarter, up 21.6 percent from a year ago…

April 19, 2017 - IMFnews

Underwriting Standards for Jumbo MBS Return to Norm in 1Q17

Average DTI ratios on prime non-agency MBS range from 30.0 percent to 33.0 percent in any given quarter.

April 18, 2017 - IMFnews

Although Industrywide Originations Will Drop, Movement Sees 25 Percent Growth for Itself

In 2016, Movement Mortgage added 201 branches in five states. It now has 662 locations in 47 states.

April 18, 2017 - IMFnews

First-Lien Production Off 37.7 Percent at BofA; Second-Lien Lending on the Rise

But there was some good news: BofA reported $4.05 billion of second lien production in the first quarter, a 13.7 percent improvement from the prior period.

April 18, 2017 - IMFnews

A Hopeful Sign for a Market in Revival: Nonprime MBS Issuance Up 23 Percent in 1Q17

While the market for nonprime MBS was relatively strong during the first quarter, Moody’s said some investors have shied away from the sector.

April 17, 2017 - IMFnews

PennyMac Passes Wells Fargo to Claim Top Rank in Ginnie MBS Production in 1Q17

Even though PennyMac fared slightly worse than the total market, its first-quarter downturn was less severe than Wells Fargo’s.

April 14, 2017 - Inside FHA/VA Lending

PennyMac Claims Top Rank in Ginnie MBS Production in 1Q17

There is a new boss in the Ginnie Mae mortgage-backed securities market. PennyMac Financial rose to the top of the issuer ranking in the first quarter of 2017 despite a sharp decline in volume, according to a new analysis and ranking by Inside FHA/VA Lending. PennyMac issued $10.78 billion of single-family Ginnie securities during the first three months of the year. The figures in this analysis are based on Ginnie loan-level disclosures, which truncate loan amounts to $1,000 increments. PennyMac’s first-quarter production was off 27.9 percent from the fourth quarter of 2016, a slightly bigger decline than the 24.8 percent drop in overall Ginnie issuance. Even though the firm fared slightly worse than the total market, its first-quarter downturn was less severe than Wells Fargo’s. Wells has been the top Ginnie producer for a long time, as well as the top player in most segments of the ... [ Charts ]

April 14, 2017 - IMFnews

Short Takes: Assessing Wells Fargo / Did the Account Fabrication Scandal Play a Role? / Watching the Yield on the 10-Year (Fall) / Better Mortgage Believes it Has a Better Idea on LO Comp / SFIG Prepares the Next Phase

For Wells, the bigger question might be: did its “account fabrication” scandal of 2016 (which is still reverberating at the company) affect its mortgage business?

April 14, 2017 - IMFnews

CitiMortgage’s Third-Party Servicing Portfolio Plummets 66 Percent; Lending Off 32 Percent

It’s a safe bet that CitiMortgage will no longer be a top-10 ranked residential servicer…

April 14, 2017 - IMFnews

‘Tappable’ Home Equity Hit $4.7 Trillion in Late 2016, a 10-Year High

December 2016 represented the 56th straight month of annual home price appreciation, with values rising 5.5 percent over the course of the year…

April 13, 2017 - IMFnews

Nonprime Lenders May See a Banner Year in 2017

“Ever since Trump was elected, we’ve been so busy,” said Citadel founder and CEO Dan Perl…

April 13, 2017 - IMFnews

An Ominous Sign? Residential Production at Wells Fargo Slumps 39 Percent; JPM Not as Bad

Then again, compared to the same period a year ago, Wells' production is just about flat...

April 13, 2017 - IMFnews

Jumbo Lender First Republic’s 1Q Originations Slip Almost 18 Percent, but Strong Improvement in Gain-on-Sale

Home equity lending at First Republic totaled $414.3 million in the quarter, off 8 percent from the prior period.

April 13, 2017 - IMFnews

The Final Tally: ARM Originations Increased in 2016; JPMorgan Chase the Market Leader

Wells Fargo Co. ranked third with $21.1 billion of ARM originations in 2016…

April 12, 2017 - IMFnews

Nationstar CEO Earned $5.36 Million, Flagstar Chief Saw a Decline in Compensation

The compensation figures for both men include salary, stock awards and other forms of income.

April 11, 2017 - IMFnews

Short Takes: Consumer Complaints Center on Credit Bureaus / LenderLive Completes PHH Deal / New Rez Issues Non-Agency MBS / Ben Carson’s ‘Listening Tour’ Arrives in Jacksonville, FL / Norcom Opens Denver Branch

LenderLive hired a majority of the former PHH employees and rebranded the private-label facility...

April 11, 2017 - IMFnews

Mortgage Brokers Lost GSE Market Share in 1Q17; Lowest Reading in Six Years

A new Inside Mortgage Trends analysis reveals that the supply of mortgages originated in the wholesale-broker market fell 42.8 percent during 1Q17…

April 11, 2017 - IMFnews

With Originations Down in 1Q17, Lenders Keep an Eye on Expenses; Some Banks Pondering FHA Again?

“There are a couple of big banks looking at FHA again,” said the consultant, but he declined to identify the shops, citing client confidentiality.

April 10, 2017 - Inside the CFPB

Mortgage Complaints Down Without Exception, Data Show

Consumer complaints to the CFPB about mortgages are down in every single category tracked by this publication, and in fact show double-digit declines in all but one grouping, according to a new analysis and ranking by Inside the CFPB. Total mortgage-related criticisms to the bureau came to a relatively scant 8,334 for the period ending March 31, 2017, the second lowest first quarter total in the five-plus years since the agency began collecting such data in the fourth quarter of 2011. That number represents a decline of 14.8 percent from the fourth quarter and an even larger drop of 23.0 percent from the same period one year ago. On the loan modification front, borrower gripes fell to 2,987 during 1Q17, ...

April 10, 2017 - Inside the CFPB

CFPB Looks to Enhance Protection of Consumer Data in HMDA Rule

More changes, or at least additional guidance, may be in the offing for the pending Home Mortgage Disclosure Act rule from the Consumer Financial Protection Bureau that is scheduled to take effect next year, agency Director Richard Cordray said last week during an appearance on Capitol Hill. During a hearing of the House Financial Services Committee, Rep. Brad Sherman, D-CA, pointed out, “Studies have shown that in some geographic areas, it is possible to determine the identity of nearly 100 percent of the borrowers using the data that lenders are required to collect and report by the Home Mortgage Disclosure Act. This is despite the fact that that act supposedly provides for anonymous data in its final form.” Sherman also ...

April 10, 2017 - IMFnews

UWM Funds $4.6 Billion in 1Q, Expects 2Q to be Much Bigger

UWM is the nation’s largest table funder in the nation, followed by Caliber Home Loans and Stearns Lending, according to a full-year 2016 ranking from Inside Mortgage Finance…

April 10, 2017 - IMFnews

Are Nonbanks Losing Their Mojo with Fannie and Freddie? GSE Market Share Slips Again

Single-family volume was down from the unusually high level in the fourth quarter of last year…

April 10, 2017 - IMFnews

Mortgage Complaints Down Without Exception, Data Show

Compared to the fourth quarter of last year, mortgage complaints declined by 14.8 percent.

April 7, 2017 - IMFnews

What We’re Hearing: Ocwen and Walter, Two Peas in a Pod? / The Shorts Have Made Their Money and Moved On / Will loanDepot Ever Go Public? / Freddie Bullish on MF / When Fannie Mae Earned More Money than the Roman Empire

One GSE watcher called it, "The biggest company quarterly profit since the Roman Empire, adjusted for inflation of course.”

April 7, 2017 - IMFnews

MBS and ABS Issuance Cooled in Early 2017 as Refis Swooned

Fannie, Freddie and Ginnie securitized $156.80 billion of refi loans during 1Q17, down 35.1 percent sequentially, according to Inside MBS & ABS.

April 6, 2017 - IMFnews

CFPB Looking to Enhance Protection of Consumer Data in HMDA Rule

Rep. Sherman of California noted: “Studies have shown that in some geographic areas, it is possible to determine the identity of nearly 100 percent of the borrowers using the data that lenders are required to collect and report by the Home Mortgage Disclosure Act.”

April 6, 2017 - IMFnews

Fannie/Freddie Securitizations Tumbled 27 Percent in 1Q17, but March Showed Promise

How much slack can the purchase market pick up? We’re about to find out…

April 5, 2017 - IMFnews

Banks Still Dominate the FHA Servicing Market. But for How Long?

The top five FHA servicers are: Wells Fargo, JPMorgan Chase, Cenlar Federal Savings Bank, U.S. Bank and PennyMac Loan Services.

April 4, 2017 - IMFnews

Short Takes: Skyline Posts Strong Purchase Lending Numbers / Banks and CUs Pony Up to the IO Bar / Flagstar’s New Wealth Advisory Business / Thanks to AVMs and Google Earth, All Appraisers May be Toast / Frommeyer Leaves NAMB

A former Utah appraiser said she lost her job to AVMs and now drives a bus for $40,000 a year...

April 4, 2017 - IMFnews

Origination of IO Mortgages Spiked by Almost 37 Percent in 2016

PHH Mortgage, which is restructuring its operations, was the top ranked interest-only lender in 2016…

April 3, 2017 - IMFnews

While Conventional Lending Faces Challenges, Nonprime May Soar

Angel Oak competitor Citadel Servicing Corp., Irvine, CA, is planning to come to market with its first deal, a rated security that could top $160 million…

April 3, 2017 - IMFnews

Invitation Homes Reveals FY 2016 Results: a $96.8 Million Loss

Invitation Homes also has unsecured warehouse loan agreements with its sponsor…

March 31, 2017 - Inside FHA/VA Lending

FHA Jumbo Production Up in 2016, Great Year for VA Jumbo Issuance

FHA-insured jumbo lending fell slightly in the fourth quarter of 2016 although year-over-year results were a lot better. Production of conforming-jumbo purchase and refinance loans insured by the FHA slipped 0.9 percent in the fourth quarter, a slight bump on the way to an annual jumbo origination total of $26.9billion. Year-over-year, FHA jumbo production was up 5.6 percent from 2015. Conforming-jumbo loans represented 9.8 percent of FHA loans securitized last year, according to data compiled by affiliated newsletter Inside Mortgage Finance. Purchase mortgages comprised 64.9 percent of jumbo loans insured by FHA in 2016 and 98.7 percent were fixed-rate loans. Nonbanks comprised the top five FHA jumbo lenders. Wells Fargo, which closed the year with $423.8 million in FHA jumbo originations, was in sixth place. Quicken Loans led the field with $802.5 million of ... [ Charts ]

March 31, 2017 - IMFnews

And the Biggest Foreign Investor in U.S. MBS/ABS is: Taiwan (Yes, Taiwan)

China still ranked second in agency MBS investment, but Japan’s larger portfolio of non-agency MBS and ABS boosted it to second place overall.

March 30, 2017 - IMFnews

MBS Trading Volume Weak in February; Market Nervous About Stocks, Trump Agenda

Joe Farr, director of marketing for MBS Quoteline, said MBS prices have actually improved since the Federal Reserve’s decision to hike rates one week ago.

March 30, 2017 - IMFnews

Top-Ranked Lenders Reclaim Some Market Share; Community Banks Still Major Players

The top 100 lenders produced a hefty $1.622 trillion in first-lien mortgages last year, including their correspondent and wholesale-broker programs…

March 29, 2017 - IMFnews

Applications Weak, Refis Really Weak. And: An ‘Inventory’ Problem

As one mortgage CEO noted: “We’d be knocking it out of the park already if there were more [home] sellers."

March 29, 2017 - IMFnews

Retail Channel Dominated Agency Lending in 2016

Mortgage brokers accounted for 12.9 percent of agency production.

March 28, 2017 - IMFnews

Prepayment Rate on Mortgages in Jumbo MBS Close to Rate on Conforming Loans

BAML suggested that one of the reasons prepayment speeds on jumbos have been relatively slow is the presence of self-employed borrowers…

March 28, 2017 - IMFnews

The Final Tally on Publicly Traded Nonbanks: A $156.1 Million Loss for 2016

However, this group of nonbank lender/servicers is hardly homogenous…

March 27, 2017 - Inside the CFPB

CFPB Proposes Changes to Give Lenders Flexibility Collecting Data

Late last week, the CFPB proposed amendments to Regulation B, the implementing regulation of the Equal Credit Opportunity Act, to give mortgage lenders greater flexibility in collecting information about consumer ethnicity and race. Reg B restricts lenders’ ability to ask consumers about their race, color, religion, national origin or gender, except in certain circumstances. These circumstances include required collection of the information for some mortgage applications under the regulation. Under the proposal, mortgage lenders would not have to maintain different practices depending on their loan volume or other characteristics, allowing more lenders to adopt application forms that include expanded requests for information about a consumer’s ethnicity and race, including the revised uniform residential loan application issued by government-sponsored enterprises Fannie ...

March 27, 2017 - Inside the CFPB

CFPB Fines Nationstar $1.75 M Over HMDA Reporting Errors

The CFPB has fined Nationstar Mortgage $1.75 million for allegedly violating the Home Mortgage Disclosure Act by “consistently failing to report accurate data about mortgage transactions for 2012 through 2014,” the agency said. The CFPB said it found that Nationstar’s HMDA compliance systems were flawed and generated mortgage lending data with significant, preventable errors. “Nationstar also failed to maintain detailed HMDA data collection and validation procedures, and failed to implement adequate compliance procedures,” the bureau alleged. “It also produced discrepancies by failing to consistently define data among its various lines of business.” Further, data samples reviewed by the CFPB showed substantial error rates in three consecutive reporting years, the bureau said. “In the samples reviewed, the CFPB found error rates ...


With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher


50% to 74%


30% to 49%


Under 30%