The recent decline in large-lender share of the primary market is temporary, and principally a result of cyclical factors that caused larger lenders to pull back from the market, said Fannie Mae's Gerry Flood.
The GSEs common industry dataset that supports the CFPBs new disclosure form is called the Uniform Closing Dataset, and is one component of the Uniform Mortgage Data Program, an ongoing effort being directed by the FHFA.
Freddie Mac reported new buyback demands on $3.3 billion of mortgages during the third quarter, a stunning 31 percent increase from the previous period.
A handful of firms say they are still aggressively recruiting residential loan officers who have a solid background in purchase-money lending that is, sales professionals with deep ties to Realtors and home builders.