Freddie's New Business Dips, Delinquency Holds
Secondary lending volume slipped last month at the Federal Home Loan Mortgage Corp. as delinquency remained at a nearly decade low.
FHA Originations Rising, Delinquency Tumbles
The monthly volume of home loans insured by the Federal Housing Administration turned higher, and a further increase is on the way. Delinquency, meantime, sank.
Ginnie's Monthly MBS Issuance Rises
Monthly securitizations at the Government National Mortgage Association bounced off the one-year low experienced in March. The book of business continued to grow.
NE Leads Monthly Drop in Permits, New Construction
Month-over-month weakness in the pace of building permits and completed construction was led by the Northeast. But national activity rose from a year earlier.
Nomura MBS Traders Charged With Fraud
A pair of mortgage-backed securities traders have been charged by the government of lying to customers to earn more from inflated profits.
Mortgage Demand Mixed at Banks
Although demand has increased at some banks for a variety of single-family products, there tend to be just as many banks with falling demand for those very same loans.
Regions' Mortgage Income Holds Despite Lending Drop
Although quarter-over-quarter home-lending volume subsided by a fourth at Regions Financial Corp., mortgage earnings were maintained.
Fannie's Quarterly Earnings Sink From Prior Period
As taxpayer returns from the Federal National Mortgage Association have reached nearly $47 billion, there was a significant decline in quarterly earnings.
Industrial Properties, GSEs Lead CRE Lending Up
Despite a quarter-over-quarter drop in commercial real estate originations, a year-over-year gain was led by the government-sponsored enterprises and industrial property lending.
CMBS Delinquency Holds, But Industrial Rate Soars
The performance of securitized commercial real estate loans was slightly worse, though the outlook is stable. But late payments on industrial property loans soared.