Debby Jenkins, former head of multifamily at Freddie Mac, will now run affordable housing activities for Greystone.

Banks and thrifts increased their holdings of mortgages they intend to sell by nearly 10% during the second quarter. Both originations and loan sales increased during the quarter. (Includes two data charts.)

ICE says its merger with Black Knight will lead to solutions that simplify the mortgage experience for investors, lenders and borrowers.

Credit unions produced $53.31 billion of mortgages in the first half of 2023, a 52.9% decline from the same period a year ago. (Includes data chart.)

A provider of directors and officers insurance is on the book for an $18 million payout tied to Guaranteed Rate’s settlement with the DOJ over charges under the False Claims Act.

California had more than double the amount of originations by nonbanks in 2022 compared with any other state. The refi share of originations by nonbanks in California was also elevated. (Includes data chart.)

Many homeowners find the cost of investing in flood mitigation tools outweighs their perceived individual risk. A study funded by Fannie Mae suggests developing a pilot program to address the issue.

Fannie provided details on how to initiate effective prefunded quality control, which can help to prevent buybacks.

Ginnie Mae President Alanna McCargo said the agency needs more Congressional support in the form of funding for staffing and other issues.

Mortgage securitization rates remained at previous levels as new primary market production and MBS issuance grew at similar rates in the second quarter. (Includes data chart.)