New programs from United Wholesale Mortgage and The Loan Store highlight the unique ways lenders are pushing for wholesale broker business in today’s high interest rate environment.

Declining volumes at large sellers in the third quarter shifted market share to small shops. United Wholesale Mortgage remained the top GSE loan seller during the quarter. (Includes two data charts.)

Production of Ginnie Mae single-family mortgage-backed securities saw a modest increase in the third quarter. PennyMac lost some market share in the FHA program. (Includes four data charts.)

The rise in expanded-credit originations in the second quarter aligned with overall trends in the mortgage market. (Includes data chart.)

The volume of FHA loans securitized into Ginnie Mae mortgage-backed securities increased 2.3% between July and August, while VA loan production sent to Ginnie declined at a similar rate. (Includes two data charts.)

MISMO seeks participants for VA-document-related working group; Senate banking subcommittee to hold housing supply hearing; HUD to host housing counseling conference; OMB to hold tribal consultation on 2025 budget; HUD to co-sponsor special purpose credit program roundtable; UWM expands soft credit check program.

FHA lending growth outpaced VA in the second quarter.

Originations of non-agency jumbo mortgages increased by 35% from the first to the second quarter. JPMorgan Chase’s acquisition of First Republic Bank bolstered Chase’s jumbo lending efforts. (Includes data chart.)

Following several months of steady growth, issuance of Ginnie Mae securitizations dropped slightly in July. (Includes two data charts.)

Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.