CrossCountry has a separate MBS issuance partnership with Hildene Capital Management, though that’s focused on expanded-credit mortgages.

AGMIT acquired $136.9 million of home equity loans in the third quarter and has committed to purchasing another $200 million in loans over the next several months.

There was little movement in applications for purchase mortgages or refinances last week.

Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.

Refis account for 15.0% of the planned $365.3 million issuance.

While agency MBS issuance surged in October, some of the top sellers posted declines in volume compared with September.

Among the top 10 originators of securitized non-agency prime loans, just one was a bank: JPMorgan Chase.

The capital relief will be provided via an adjustment to MSR values.

The modest decline in delinquencies in the third quarter was tied to early-stage delinquencies, while later-stage delinquencies increased.

Trump's economic policies could limit rate cuts by the Fed in 2025.