Commercial banks and savings institutions reported another decline in the volume of home mortgages they repurchased from investors during the third quarter, according to an Inside Mortgage Trends analysis of call-report data.

The top five sellers to Fannie Mae and Freddie Mac posted a combined 14.1 percent increase in volume from the third to the fourth quarter, boosting their share of the market to 38.4 percent.

Redwood Trust is preparing two prime jumbo MBS, JPMorgan Chase has one of its own and an affiliate of Caliber Home Loans plans to issue a nonprime deal.

CoreLogic noted that early-stage delinquencies continued to increase in October in some areas hit by hurricanes.

Enactment of the Tax Cuts and Jobs Act will impact home sales and financials at National Mortgage Insurance Corp., among many other areas.

With Fannie Mae and Freddie Mac buybacks at post-crisis lows, mortgage sellers should reevalu-ate their repurchase reserves for a number of reasons that could impact their business, according to mortgage industry experts. With loan quality significantly improved and underwriting standards tight-ened, many lenders are likely overestimating potential buybacks and carrying excess reserves.

Industry economists and mortgage lenders widely expect 2018 to look a lot like 2017: slowing production volume, a further shift toward purchase-mortgage lending and more pressure on profits. The average of mortgage origination forecasts from Fannie Mae, Freddie Mac and the Mortgage Bankers Association indicates that production will total $1.688 trillion this year, a 4.8 percent drop from 2017. The refinance sector will take the biggest hit ... [Includes one data chart]

Commercial banks and savings institutions reported another decline in the volume of home mortgages they repurchased from investors during the third quarter, according to an Inside Mortgage Trends analysis of call-report data. The banking industry repurchased or made indemnification for $698.3 million of single-family loans during the third quarter, down 2.0 percent from the previous period. That was the lowest quarterly repurchase figure since ... [Includes one data chart]

Mortgage bankers saw a small decline in profitability during the third quarter of 2017 despite a favorable turn in servicing and a bump up in mortgage production, according to the Mortgage Bankers Association’s quarterly performance report. The average firm participating in the survey reported $1.743 million in pretax income for the third quarter, down 17.7 percent from the previous three-month period. Average year-to-date pretax income on mortgage banking activities was ...

Correspondent production platforms and wholesale-broker programs gained market share in all three major mortgage categories during the third quarter of 2017, according to a new Inside Mortgage Trends analysis. Correspondent lending showed the strongest gains. The channel’s production volume was up 15.6 percent in the conventional-conforming market, up 10.7 percent in government-insured lending and by a more modest 3.1 percent in ... [Includes two data charts]