United Wholesale Mortgage, the dominant conventional-conforming player in the broker channel, increased its production by 32.9% from the first to the second quarter.

Former Ginnie Mae President Ted Tozer wants FHA to consider adjusting or eliminating its minimum downpayment requirement to put homeownership in the reach of more consumers.

Jedd Bellman, senior counsel at Orrick, said regulators are getting frustrated by inaccuracy in mortgage call reports.

Only four other issuers have offered jumbo MBS during the third quarter, and none since mid-August.

Soft landing or mild recession...

An estimated $50 billion of jumbo mortgages were originated in the second quarter.

The changes apply to various types of agency MBS, including the to-be-announced market, specified pools and collateralized mortgage obligations.

It’s the seventh expanded-credit MBS of the year from the real estate investment trust.

Select Portfolio Servicing was far and away the largest servicer of nonprime mortgages in the second quarter.

The average interest rate on a 30-year fixed-rate mortgage hit 7.18% this week.