According to survey figures from Inside Mortgage Finance, wholesale/broker production accounted for 9.6 percent of fundings in the fourth quarter of 2015...
The decline was largely based on a seasonal slump in purchase-mortgage activity. Looking forward, primary-market indicators point to a solid increase in consumer demand.
The CPFB it will continue to work with institutions to support implementation of its mortgage rules and “begin to assess the effectiveness of significant rules.”
The GSEs will publicly release their non-performing loan sales data for the first time, conclude their assessment of various credit scoring models and the FHFA will issue a request for input on front-end credit risk transfer transactions.
Fannie Mae found that lenders’ profit margin outlook fell steadily throughout 2015 after peaking in the first quarter, even with a strong job market and low interest rates.