Most Recent Secondary markets News

Pennymac, UWM, loanDepot lag in RMBS issuance as Rocket grabs share

Pennymac, UWM, loanDepot lag in RMBS issuance as Rocket grabs share

Pennymac, loanDepot and United Wholesale Mortgage produced third-quarter agency mortgage-backed securities issuance that “screen[s] furthest below our estimates,” while Onity...

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Trump administration dismisses a dozen officials from Fannie Mae

Trump administration dismisses a dozen officials from Fannie Mae

The Trump administration dismissed a dozen senior staff from mortgage giant Fannie Mae this week, according to an official familiar...

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Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly Capital Management’s purchases of loans and servicing contributed to a profitable second quarter above most consensus estimates, but its...

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AD Mortgage debuts policy arm, targets condo rule change

AD Mortgage debuts policy arm, targets condo rule change

AD Mortgage is launching a new policy arm, with its first initiative aimed at upcoming US Federal Housing condo changes...

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HECM endorsements climb even as securitization slips

HECM endorsements climb even as securitization slips

Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the...

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Finance of America returns back to profit in first quarter

Finance of America returns back to profit in first quarter

Finance of America turned a profit in the first quarter following two consecutive periods of losses.  Processing Content The Texas-based...

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MBA renews press for limited single report as scores compete

MBA renews press for limited single report as scores compete

Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers...

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Better, Coinbase allows tokens to support conforming loan

Better, Coinbase allows tokens to support conforming loan

Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming...

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Fannie, Freddie place large bids for mortgage-backed securities

Fannie, Freddie place large bids for mortgage-backed securities

Fannie Mae and Freddie Mac have begun placing sizable orders to purchase mortgage-backed securities, stepping into a market roiled by...

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Tariff ruling could hamstring unilateral release of GSEs

Tariff ruling could hamstring unilateral release of GSEs

Even if he was so-inclined to do so, President Trump might not be able to unilaterally release the government-sponsored enterprises...

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