Chase had the most mortgage sales volume in the third quarter among depositories, according to a recent Inside Mortgage Trends analysis of call report data.
Urban Institute researchers said in a recent report that only strategies that catalyze new construction can truly address the housing affordability problem.
Mr. Cooper announces layoffs following merger; KBRA believes UWM and Two Harbors deal will be strategically favorable; Investor increasing land purchases for areas impacted by California wildfires; Flushing Financial to merge with OceanFirst Financial.
A gain in income from the production and sale of new single-family home loans helped cover a modest decline in servicing profitability in the third quarter.
At the end of November, the two government-sponsored enterprises held $104.56 billion of agency MBS in retained portfolios. That was up $31.99 billion from the end of September, a 44.1% increase.
Fannie expects home sales to increase 7% in 2026; 1st Security Bank hires Omeed Salashoor; AD Mortgage debuts jumbo product for luxury homebuyers; MBA said mortgage applications declined the week of Dec. 19.