FHA/VA originations decreased in the second quarter though lending was up in the broker channel. PennyMac, the top government loan originator, saw declines across all three production channels. (Includes data chart.)

Purchase-mortgage business held steady in Fannie/Freddie MBS issuance in July while refinance volume continued to drop. (Includes two data charts.)

An increase in purchase mortgages wasn’t enough to offset ongoing declines in refi volume, pushing issuance of Ginnie MBS down 2.9% in July compared with June. (Includes two data charts.)

Western Asset Management Company considering a sale of its non-agency REIT; Velocity offers another small-balance commercial MBS; PennyMac ramping up jumbo originations.

Ginnie Mae issuance of single-family mortgage-backed securities declined 12.2% in the second quarter of 2022, as rising interest rates dragged the refinance market to new lows. (Includes four data charts.)

Ginnie Mae MBS issuance in April remained flat month-over-month even as refinance activity declined dramatically. (Includes two data charts.)

Among the top 100 GSE sellers, 78 delivered less dollar volume to Fannie Mae and Freddie Mac in the first quarter of 2022 than in the previous period.

The volume of loans delivered to Fannie Mae and Freddie Mac declined by 23.0% from January to February. The sequential decline seems to be a result of the 18% hike in conforming loan limits. (Includes two data charts.)

Sellers upended expectations by increasing loan deliveries to the GSEs in January. Nine of the top 10 sellers delivered more loans to Freddie Mac than Fannie Mae. (Includes two data charts.)

Nonbanks continued to gobble up market share among GSE MBS servicers, jumping from a 50.3% share a year ago to 56.2% at the end of 2021. (Includes two data charts.)