Secondary markets

The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.

An increase in credit risk transfer activity since 2015 signifies a sea change for private mortgage insurers that may be about to intensify, according to an industry trade group.

When it comes to possible new competitors in the secondary market, the heads of the two current outlets more than welcomed the possibility of additional players in their space because of housing finance reform.

Ginnie Mae is looking for input on its proposed guidelines for electronic promissory notes and other mortgage documents that it plans to test through a digital collateral pilot.

For the mortgage industry, the question of whether the Fed can control its target range for interest rates is crucial for managing volatility.

Origination volumes continued to drift upward at JPMorgan Chase and Wells Fargo in the third quarter as mortgage servicing rights values fell more sharply than some analysts expected.

The ways in which hedging can be improved by a digital process are more often than not presumed versus proven by industry practice.

Maren Kasper, who has led Ginnie Mae in the absence of a permanent president, is leaving the agency on Oct. 18 to pursue an opportunity in the private sector.

The end of the qualified mortgage patch should further accelerate non-QM origination growth, but is the mortgage industry ready?

David Lowman, executive vice president of the single-family business at Freddie Mac, has informed the company he will be stepping down from his position on or about Nov. 1.