Credit unions aren’t major players in the MBS market, and their aggregate holdings declined slightly in 2014, according to a new Inside MBS & ABS analysis of call-report data. Credit unions held $101.3 billion of residential MBS in portfolio at the end of last year. That was down 2.4 percent from the third quarter, and off 3.8 percent from the end of 2013. Most of the industry’s MBS holdings (97.4 percent) were...[Includes one data chart]

The last time the jumbo market share was higher came in 2000 – when the Fannie/Freddie loan limit was just $252,700...

Jumbo mortgage production last year grew its share of total originations to its highest level since well before the financial collapse that launched the era of the “agency jumbo” loan. Mortgage lenders cranked out a total of $291.1 billion of home mortgages with loan balances exceeding the old conforming loan limit of $417,000. Like everything else in mortgages, jumbo production was down from 2013, by 22.4 percent. But total mortgage originations fell...[Includes three data charts]

NYCB Mortgage Co. is the top contributor to the jumbo MBS with a 13.5 percent share.

The early betting is that PHH will hold onto the Merrill contract, but in mortgage banking, anything can happen...

The increase was a rare occurrence: Since 2009 the balance of non-agency debt outstanding has been on the wane.

For the full year, PHH Mortgage was the top IO lender in the nation with $12.81 billion in production...

“We are building a higher quality and less volatile mortgage business,” said JPMorgan mortgage executive Kevin Watters.

Cerberus hasn’t had the best track record with its mortgage investments over the years...

JPMorgan Chase is shifting its mortgage production focus away from agency loans toward the jumbo market. “Our focus is on maximizing our share of high-quality originations,” Kevin Watters, CEO of mortgage banking at Chase, said last week during the bank’s annual investor presentation. He provided a slide showing Chase’s market share in terms of total originations, conventional mortgages, government mortgages and jumbo loans. As measured from ...