Loans originated on retail production platforms and sold to Fannie Mae, Freddie Mac and Ginnie Mae during the fourth quarter tended to have stronger credit characteristics than those generated by third-party originators. [Includes two data charts]

The Consumer Financial Protection Bureau has acknowledged the rules it implemented in 2014 on servicing and originations increased costs for industry participants.

Struggling Ditech Financial late this week offered up a progress report on its future, saying — among other things — that one of its largest subservicing clients, New Residential Investment Corp., wants out of the contract.

The mortgage industry has more capacity than necessary, which is hurting profitability, according to industry analysts.

Transfers of agency mortgage servicing rights rose to their highest level in at least four years during 2018, although activity cooled in the fourth quarter. [Includes three data charts]

Chase’s secondary market patterns are typically herky-jerky…

A top ten lender, U.S. Bank produced $9.1 billion of mortgages in 4Q18, a 19.1 sequential decline...

Management blamed the lower figures on “seasonality.”

JPM valued its MSR portfolio at 117 basis points at the end of the fourth quarter, reducing the mark from 122 bps in 3Q18...

Jumbo mortgages account for the vast majority of First Republic’s single-family production.