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Retail Takes a Hit in 3Q21, Wholesale Lending Up Slightly

November 24, 2021
John Bancroft
Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...
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Continued Gains for Jumbo Servicing Portfolios

November 24, 2021
Brandon Ivey
First Republic Bank also stands out among the 30 companies: Its jumbo servicing portfolio increased by 4.2%...
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Non-Agency Jumbo Lending Hits Record Levels in 3Q21

November 23, 2021
Brandon Ivey
Market watchers believe the activity was driven, in part, by exceptional home price appreciation and more interest in the sector among lenders.
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A New Warehouse Record and a Handful of New Entrants

November 22, 2021
Paul Muolo
One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.
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FHA/VA Market Tilts Back to Mostly Purchase Lending

November 22, 2021
John Bancroft
It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...
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Banks Look Ready to Pick up the Slack as Fed Pulls Away

November 19, 2021
John Bancroft
The top three banks in MBS holdings: Bank of America, Wells Fargo and Charles Schwab...
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On the Way Up: Non-Agency Loan Production

November 18, 2021
John Bancroft
The conventional-conforming market, which is dominated by Fannie Mae and Freddie Mac, accounted for 70.9% of first-lien originations through the first nine months of 2021.
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Wholesale-Broker Delivery Held Up Better in Third Quarter Dive

November 17, 2021
John Bancroft
Still, all three channels saw declines in refinance loans and rising purchase-money mortgage sales.
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Humans Over Robots? Survey Finds Borrowers Prefer In-Person Closings

November 16, 2021
Sam Manas
Some 62% of mortgagors said they preferred a mobile notary when they closed...
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Time to Cut the MIP? FHA’s Insurance Fund Ends FY21 with a Capital Ratio North of 8%

November 15, 2021
Monica Hogan
How long before the White House caves on a premium cut?
Read More
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