S&P has been the top non-agency MBS rating agency over the years but DBRS captured the title in 2012 with 55 percent of rated transactions, according to Inside MBS & ABS.

Mortgage brokers are continuing to lose market share, but the decline could be temporary, especially if the megabanks run out of refis.

Okay, so banking regulators have blown multiple Dodd-Frank rule making deadlines. But for now the QM rule is on track. Right?

Combined with the 15 companies that previously reported earnings, mortgage banking income jumped 10 percent in the second quarter, to $7.51 billion.

Fitch has determined that loans originated through a direct retail channel have a lower default risk than those originated through brokers or correspondents.

According to Inside Mortgage Finance, Bank of America has the highest delinquency rate among the nation’s megabanks.

Both sides of the mortgage banking business posted modest gains in profitability during the second quarter of 2013, according to a new analysis by Inside Mortgage Trends of earnings reports from nine lenders. The group reported a total of $4.34 billion in production-related income during the second quarter, up 2.8 percent from the first three months of the year. That’s a relatively strong showing given that their total origination volume increased by just 0.7 percent ... [Includes one data chart]

A fresh batch of earnings reports from 15 major mortgage lenders underscored the strength and breadth of the industry’s financial success in the second quarter of 2013. A group of 15 lenders, including a number of nonbanks and regional banks that typically report somewhat later in the earnings cycle, posted a combined $794.8 million in earnings from their mortgage banking operations during the second quarter, according to a new Inside Mortgage Trends analysis. That was up ... [Includes one data chart]

Redwood Trust is about to have company from other real estate investment trusts looking to issue non-agency jumbo mortgage-backed securities. Two Harbors Investment will issue its first jumbo MBS later this month, and PennyMac Mortgage Investment Trust plans to issue a security by the end of September. Redwood helped revive non-agency jumbo MBS issuance beginning in 2010 and has been active in the sector ever since. Following the financial crisis, no other REITs joined Redwood even though ...

Two firms are offering new services that they claim will help lenders prevent buyback requests from the government-sponsored enterprises or prevail in buyback disputes. Both services rely on verification of loan characteristics. Equifax announced last week that it significantly enhanced its “retro income verification service,” known as “Point In Time.” The firm said its offering will help reduce repurchase requests by delivering the most current and accurate loan-level verification of a borrower’s ...