• Mortgage News You Can Use!

    Below is a list of current, up-to-date information on news in the Mortgage industry. Click the links below to read the full stories.

    • RSS Mortgage Daily

      • Mortgage Servicer Portfolios December 31, 2021
        Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer (in billions) Last Updated October 16, 2018 9:47 AM Central Mortgage Servicers Servicing Portfolio Size (3rd party servicing plus loans held for investment) 2017 As Of Date Alaska USA Federal Credit Union $5.3 Dec. 31 Bank of America Corp. $517.6 Dec. 31 BB&T Corp. $118.4 Dec. 31 BOK Financial […]
      • Federal Housing Administration$1,224.5 billionDec. 31 December 31, 2021
      • Mortgage Servicer Portfolios 2010 December 31, 2021
        Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer Last Updated Saturday, September 20, 2014, 05:53 PM Texas Time  Company Portfolio Size (3rd party servicing plus loans held for investment) 2010 As Of Date American Home Mortgage Servicing Inc. $83.0 billion Nov. 17 Arvest Bank $5.9 billion Dec. 31 Associated Bank $12.3 billion Dec. 31 Astoria Financial Corp. […]
      • Mortgage Servicer Portfolios 2011 December 31, 2021
        ​ Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer Last Updated Friday, July 11, 2014, 02:56 PM Texas Time Agency Outstanding 2011 As Of Date Fannie Mae (book of business) $3,184.5 billion Dec. 31 Federal Housing Administration (mortgage insurance in force) $1,036.9 billion Dec. 31 Freddie Mac (total mortgage portfolio)   $2,075.4 billion   Dec. 31   Mortgage Servicers Servicing […]
      • Mortgage Servicer Portfolios 2009 December 31, 2021
        Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer Last Updated Tuesday, August 26, 2014, 01:14 PM Texas Time Company Portfolio Size (3rd party servicing plus loans held for investment) 2009 Date American Home Mortgage Servicing Inc. $102.8 billion June 30 Arvest Bank $5.5 billion Dec. 31 Aurora Loan Services $96.0 billion Sept. 30 Aurora Loan Services (master servicing […]
    • RSS Mortgage Rates Newsletter – Market Analysis

      • Why Did Rates Completely Ignore This Week's Bad News? November 5, 2021
        This week, the Fed announced a reduction in its bond buying. In separate news, the big jobs report was much stronger than expected. Both of these events should have pushed rates higher. So why didn't they? Let's start with the Fed and its bond buying adventures (also known as QE or "quantitative easing").  The following […]
      • Mortgage Rates Started Flat, But Moved Lower During The Day November 4, 2021
        Mortgage rates  fell today as markets decompressed following yesterday's announcement from the Federal Reserve regarding the reduction of its bond buying efforts (aka "tapering").   Despite the proximity to Fed day, markets were more inspired by another central bank today: the Bank of England (BOE).   The BOE had its own policy announcement early this morning.  Unlike […]
      • Minimal Damage For Mortgage Rates Following Fed November 3, 2021
        Mortgage rates  moved higher today after the Federal Reserve announced a reduction in its rate-friendly bond buying program.  Actually, to be fair, rates moved higher before  the Fed made that announcement, and largely for other reasons.  The biggest issue today was, in fact, a widely followed report on the service sector (ISM Non-Manufacturing PMI) which […]
      • Another Good Day For Rates, But Tomorrow is Anyone's Guess November 2, 2021
        Mortgage rates began the day moderately lower compared to yesterday's latest levels.  The size of the move depends on the time of day in question due to intraday movement in the bond market.  Simply put, bonds improved steadily from the beginning of the day yesterday and ultimately peaked around 11am today.  In general, bond market […]
      • Mortgage Rates Catch Up To Last Week's Market Movement (That's a Good Thing) November 1, 2021
        Mortgage rates moved moderately lower today despite an absence of significant movement in the bond market.  In general, when bonds improve, rates fall (and vice versa), but it's not feasible for mortgage lenders to adjust their rates offerings in relative real-time as bonds can send massively mixed signals on any given day.   Last Friday was […]
      • Don't Fear The Taper October 29, 2021
        For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market's knee-jerk response to the realization that the Federal Reserve would be winding down its bond purchase program. With the Fed almost certain to make a similar announcement next Wednesday, should we be scared yet […]
      • Mortgage Rate Mini-Winning Streak Comes to an End October 28, 2021
        Mortgage rates  finally ended this week's winning streak today.  In light of the general upward trend in rates over the past month, bond yields (which tend to correlate with mortgage rate movement) made it to surprisingly low levels as of yesterday afternoon.  Mortgage lenders responded by dropping rates to the best levels in nearly 2 […]
      • Mortgage Rates Hold Steady Near Multi-Month Highs October 20, 2021
        Mortgage rates  began moving off longer term lows in early August and that trend has continued ever since.  The September 22nd Fed Announcement (and press conference with Fed Chair Powell) served as a jumping-off point for additional volatility and upward momentum.  In contrast, October has generally seen rates rise at a more gradual pace.  On […]
      • Highest Rates in Months October 18, 2021
        Mortgage rates had a mixed showing last week.  They started out high before improving through Thursday.  Finally, they took a step back up on Friday.  Now at the start of the new week, the upward momentum is continuing.  The bond market was much weaker in overnight trading, and weaker bonds mean higher rates, all other […]
      • No, Mortgage Rates Are Not "Sharply Higher" This Week October 14, 2021
        Mortgage rates   fell today as a majority of lenders finally got caught up with the past few days of strength in the bond market.  Lenders rely on bonds--specifically mortgage-backed securities (MBS)--to determine where to set mortgage rates.  Bonds are constantly on the move, but lenders prefer to just set mortgage rates once per day, […]