Single-family volume was down from the unusually high level in the fourth quarter of last year…

Moody’s notes that the privately held Quicken Loans has strong profitability “due to its solid franchise position and strong capital levels…”

UWM is the nation’s largest table funder in the nation, followed by Caliber Home Loans and Stearns Lending, according to a full-year 2016 ranking from Inside Mortgage Finance…

Cowen assigns a 65 percent probability to a GSE bill becoming law next year…

Nonbank mortgage lenders have been killing it in the GSE market in recent years, even gaining a dominant 52.3 percent share of new single-family business back in the second quarter of 2016. Recently, however, not so much. A new Inside The GSEs analysis reveals that nonbanks sold 45.0 percent of single-family loans securitized by Fannie Mae and Freddie Mac during the first quarter of this year. That was the third straight decline in nonbank share of the GSE market.While total Fannie/Freddie MBS issuance fell 27.1 percent from the fourth quarter, nonbank production was off 32.5 percent. And surprisingly, large banks picked up most of the slack.

Fannie, Freddie and Ginnie securitized $156.80 billion of refi loans during 1Q17, down 35.1 percent sequentially, according to Inside MBS & ABS.

One GSE watcher called it, "The biggest company quarterly profit since the Roman Empire, adjusted for inflation of course.”

Single-family business at Fannie Mae and Freddie Mac fell sharply in the first quarter of 2017 and the wholesale-broker channel bore much of the brunt of the decline. The two government-sponsored enterprises issued $218.2 billion in new single-family mortgage-backed securities during the first quarter, a 27.1 percent drop from the final three months of 2016. But a new Inside Mortgage Trends analysis reveals that the supply of mortgages originated ... [Includes two data charts]

While conventional residential lenders try to figure out how to cut costs in what likely will turn out to be a down year for originations, nonprime firms are headed in the opposite direction – growth. Angel Oak Companies, Atlanta, the largest nonprime lender of 2016 with $700 million of production, this week announced the promotion of four senior managers and plans to double its sales force, which presently numbers 52 account executives. “We’ve already added 16 ...

Whether a potential homebuyer has a bachelor’s degree plays a significant role in the applicant’s ability to obtain a mortgage, according to research funded by Fannie Mae. The analysis suggests that the higher-education variable wasn’t much of a factor before the financial crisis, but a borrower’s level of education is a factor in post-crisis originations. Researchers at the University of Southern California probed data from a survey of households conducted by the Survey Research Center at ...