In September, MBS trading came in at a mouthwatering $280.0 billion, the best showing of 2019.

Freddie repurchase activity has consistently exceeded Fannie levels since 2016…

When it comes to wholesale/broker lending, not one depository ranked among the top five in 3Q19…

At Sept. 30, banks held another $38.07 billion of MBS in trading accounts…

Special statutory provisions establish different GSE loan limit calculations for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. 

UWM doesn’t issue its own MBS, and instead contributes to deals issued by others, most notably, JPMorgan Chase.

With refinance activity surging, retail platforms were kept busy writing replacement loans for their existing servicing clients.

In the third quarter, the market leader was Citibank, followed by Angel Oak, Redwood Trust, Citadel Servicing Corp. and U.S. Bank Home.

Among the report’s conclusions: Small servicers tend to focus on mortgages in non-metro or rural areas. Also, small servicers are less likely than larger shops to process loans backed by Fannie Mae and Freddie Mac.

It’s no secret that home lenders are enjoying boom times. According to figures published by Inside Mortgage Finance last month, mortgage bankers funded a mouth-watering $700 billion in first-liens in the quarter, the strongest showing of the year.