Government lending increased by 14.5% while the rest of the market rose just 4.3%.

Government-insured products accounted for 27.1% of total first-lien originations in the third quarter compared with a 25.3% share the previous quarter. Streamline refi programs helped increase FHA/VA market share. (Includes two data tables.)

A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.

The cost of a credit score for originations is set to increase by 41% in January. The plan prompted trade groups representing lenders to renew calls for regulators and Congress to address pricing practices for credit reporting products.

Mortgage originations typically decline from the second quarter to the third. This year, however, declining interest rates helped increase refinance production and prop up purchase-mortgage lending.

PennyMac funded $31.7 billion of residential loans during the July-September corridor, a handsome 17% improvement...

Sales of MSRs have been slow, but some owners of MSRs could decide to unload a portion of their holdings...

Many large banks increased mortgage production in the third quarter. Though at some banks, revenue and margins came down.

The refi boom fizzled in recent weeks as mortgage rates increased. Now it’s a waiting game for lenders and borrowers, with rates expected to go down, eventually.

PRMG is — and has always been — more focused and excited about a healthier purchase market, said CEO Paul Rozo.