Overall, Fannie Mae’s bottom line was bolstered by a strong quarter for originations: $510 billion in the second quarter compared to $380 billion in the first, according to Inside Mortgage Finance.

The Federal Housing Finance Agency so far has resisted calls to lower guaranty fees charged by Fannie Mae and Freddie Mac and quietly set a “minimum base guaranty fee” for the two government-sponsored enterprises. The FHFA directive was revealed in the 10-Q filings issued by the two GSEs this week accompanying second-quarter financial results that showed a combined $3.94 billion in net income. Their Securities and Exchange Commission filings, however, provided little detail about what the minimum base fee is. “In July 2016,” Fannie’s 10-Q states...

The three agencies securitized $43.09 billion of purchase mortgages last month, a 15.3 percent increase from June.

Banks, thrifts and credit unions still accounted for 66.0 percent of the $7.206 trillion in single-family mortgages serviced by the top 50 companies, Inside Mortgage Finance found.

The company has been diversifying heavily into subservicing contracts and over the past year has struck outsourcing deals with USAA and Seneca Mortgage Servicing.

According to Mat Ishbia of UWM, the loan broker segment is thriving.

However, for the six other loan types tracked by the Fed, mortgage underwriting standards were largely unchanged…

Compared to 2011, g-fees (which include LLPAs) have increased a whopping 126 percent.

Freddie purchased $91 billion of home mortgages from its seller/servicers in 2Q16, a handsome 31.8 percent improvement from the prior period.

An estimated $46 billion in ARMs were originated in the first quarter of 2016, down 2.1 percent from the previous quarter…