Fannie Mae and Freddie Mac issued a combined $65.85 billion of single-family mortgage-backed securities last month, a 1.0 percent decline from their June total, according to an Inside The GSEs analysis of MBS data. Compared to the first seven months of 2017, the GSE single-family business was down 7.4 percent as of the end of July. Most of the month-to-month slump was at Freddie, where MBS production fell 8.9 percent from June. Fannie managed a 5.0 percent increase in July. Both GSEs are off about the same on a year-to-date basis. [Includes two data charts.]

Most mortgage lenders earned money on their loan production and servicing operations in the second quarter of 2018, but income was generally down from previous periods. [Includes one data chart.]

It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…

Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.

Some key regulatory concerns remain unresolved or unclarified, according to SIFMA…

Banks still favor Fannie Mae and Freddie Mac pass-through securities, but…

The Federal Home Loan Banks are offering a growing array of complex advance products and the Federal Housing Finance Agency wants to make sure they price the funding appropriately.

But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…

Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…

On July 23rd, Fannie announced Mayopoulos would depart as CEO before yearend. The heavily redacted FHFA IG report is dated July 26.