A Bank Leads Volume Gainers in 3Q19. How’s That?
Commercial banks haven’t exactly distinguished themselves in the residential mortgage sector the past few years. Then there’s the case of TD Bank, the Canadian-based depository.
According to a new analysis by Inside Mortgage Trends, TD led the lending pack in terms of sequential growth in the third quarter: 76.2% to $3.19 billion of originations.
Unfortunately for banks, that’s where the positive depository news ends.
Nonbank Caliber Home Loans was a close second, posting sequential lending growth of 70.9%, followed by NewRez (60.9%) and Homebridge Financial Services (51.3%). (New Rez is owned by New Residential Investment Corp., a publicly traded real estate investment trust.) For more details and an exclusive ranking on volume gainers, see Inside Mortgage Trends, now available online.
Related Articles
Related Products
Latest Imf News
-
-
Onity Adjusting MSR Acquisition Strategy, Subservicing
-
Ending GSE Conservatorship by 2028 Looks Unlikely
-
Consumer Advocates Seek Stronger Regulation of HEIs
Featured Data
-
Top Ginnie Servicers Increase Portfolios in Third Quarter
-
Major Lenders Pull Back on ECM MBS in 3Q
-
Resets Drive CLO/CDO Issuance Higher in 3Q
-
Originations Tumble 16% in Third Quarter
Featured Reports
-
Mortgage Profitability Report 2Q26 (PDF)
-
Guide to Mortgage Lending to First-Time Homebuyers
-
Mortgage Servicing Rights Report: 2Q26 (PDF)
-
Lender Profiles 2Q26: Top 25 (PDF)