The correspondent channel gained share in the conventional-conforming market during the third quarter of 2024.

Ginnie Mae servicing outstanding increased by 1.8% during the third quarter.

Holdings increased by 1.5% on an annual basis as of the end of September.

Issuance increased by 10.9% on a quarterly basis, well below the increases seen in recent quarters.

Select Portfolio Servicing remained the largest nonprime servicer at the end of the third quarter.

Among the top 20 Ginnie issuers in November there were just two federally insured depositories: U.S. Bank and Navy Federal.

Loan brokers added 100 full-timers during October, bringing their head count to 86,700 positions.

Among the top five subservicers, the steepest descent in year-over-year business was registered at Dovenmuehle.

The retail channel accounted for 50.8% of total first-lien originations in the third quarter of 2024, down from a 53.3% share in the second quarter.

Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.