Correspondent and wholesale-broker production made bigger gains from the third to the fourth quarter, but retail was the runaway winner in 2020. (Includes six data charts.)
Some non-QM lenders weathered market volatility in March 2020 without halting production while others took a few months off. Now, two of the top players in the sector are ready to increase production.
The conventional-conforming market — most of which is sold to Fannie and Freddie — accounted for 70% of first-lien originations in 2020. (Includes two data charts.)
Besides being fun to watch, Super Bowl commercials give a peek into what businesses are thinking. This year’s big game had ads from Quicken Loans and United Wholesale Mortgage.