Some $32.26 billion of securities backed by non-agency mortgages were issued in the third quarter.

We all remember what happened in 2007 when home prices collapsed and all that equity vanished...

Some lending shops are still looking to hire loan officers.

On a sequential basis, agency issuance fell 13.8%...

Over the four-month period from May to August, Fannie and Freddie purchased $46.18 billion of IPL and SHL loans, down 47.9% from the first four months of the year.

Originations through mortgage banking platforms fell 7.8% from the first to the second quarter.

In the purchase market, the share of loans with credit scores ranging from 620 to 699 rose from 10.75% in the second quarter to 12.00% in the third quarter.

One caveat: Only the most well-heeled companies came to market, leaving originators with weaker prospects to tap their bank lines or enter into new or amended master repurchase agreements...

The Fed added $135.87 billion to its agency MBS holdings during the second quarter. That accounted for just over half of the growth in agency MBS outstanding during that period.

Nonbank mortgage processors serviced $4.977 trillion of securitized home loans as of June 30, up 2.4% from March and hefty 20.2% gain from a year ago.