A Florida broker’s complaint alleging UWM violated antitrust laws and attempted to monopolize the wholesale mortgage market failed, after no plausible evidence was provided.

The correspondent channel’s share of government-insured lending increased in the second quarter, but it was still down on a year-to-date basis from the first half of 2023. (Includes data table.)

United Wholesale Mortgage has introduced a new AI-based platform to help its brokers recapture borrowers with a refinance.

Refinance activity drove much of the increase in Ginnie MBS issuance between July and August. Freedom Mortgage remained the top Ginnie issuer, but its production was down 1.9% from July. (Includes two data tables.)

Freddie issuance totaled $35.67 billion in August versus $34.36 billion at Fannie — a rare instance in which Freddie was the larger issuer. Year to date, though, Fannie is still the leader. (Includes two data tables.)

Originations of both non-agency and conforming jumbos were up in the second quarter of this year.

Freedom mortgage leaped over UWM and PennyMac in the latest ranking and analysis of government-insured mortgage originators.

Combined endorsements for FHA and VA forward loans increased by 17.8% from the first quarter to the second. (Includes three data tables.)

GSE MBS issuance declined by 3.3% on a monthly basis in July. Fannie lost a little market share to Freddie during the month. (Includes two data tables.)

Chase remains the largest servicer of GSE loans at the halfway mark this year, but a 16.4% surge in volume at Mr. Cooper Group, the number two GSE servicer, cut deeply into Chase’s lead. (Includes two data tables.)