Annual MBS Issuance Soars at Ginnie, Jumbo Triples
Issuance of Ginnie Mae mortgage-backed securities jumped more than 40 percent in its latest fiscal year, with jumbo issuance more than tripling.
CMBS Delinquency Sinks, Industrial Rate Plunges
Late payments on securitized commercial real estate loans tumbled last month, and the rate on just industrial property loans saw a spectacular decline.
Fannie Business Slows, But Delinquency Down Again
Although its secondary activity abated and its book of business backed down, the Federal National Mortgage Association made more progress on its delinquency.
Freddie's New Business Drops, As Does Delinquency
While the story wasn't so good for new business at the Federal Home Loan Mortgage Corp., it was better for serious mortgage delinquency.
CMBS Delinquency Slips, Industrial Down Most
Past-due commercial real estate loans accounted for a slightly smaller share of the overall securitized CRE loan population last month, with industrial property loans faring best.
FHA Delivers Solid Monthly Performance
It was another solid month for the Federal Housing Administration, with production climbing to the highest level in at least two years and delinquency dropping to the lowest rate in at least three years.
Ginnie Mae MBS Issuance Retreats From Record High
After reaching an all-time high in July, issuance of mortgage-backed securities on behalf of the Government National Mortgage Association settled back.
CMBS, Bank Loans Lead Drop in CRE Loan Delinquency
Delinquency on bank-owned commercial mortgages and securitized commercial real estate loans led an improvement among all investor types.
Record Bank Earnings, Soaring Mortgage Originations
Quarterly home lending activity was up by more than a fifth at U.S. banks, while earnings soared to an all-time high.
New Post-Crisis Low for Fannie Delinquency
Although new business slipped at the Federal National Mortgage Association, residential delinquency was better than its been at any time since the financial crisis.