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

The gap in GSE servicing volume between Chase Home Finance and Wells Fargo continued to narrow in the second quarter of 2022. (Includes two data charts.)

UWM’s “Government Elite” program offers pricing advantages on FHA and VA loans for borrowers that meet minimum credit scores.

The reason, United Wholesale Mortgage told employees, was to avoid legal bills and long-drawn court proceedings.

Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (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.)

The unprecedented increase has FHFA leadership thinking about the relationship between the conforming loan limits and home price appreciation.

A report by Fitch Ratings forecasts a sharp drop in originations and declining GOS margins that will put pressure on earnings for smaller nonbank lenders.