Jumbo Servicing Portfolios Level in 2Q August 21, 2024 James Dohnert Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.Read More
Ginnie MBS Issuance Increases in July August 20, 2024 Monica Hogan Securitization of FHA loans increased 6.3% to $22.09 billion in July, while VA production was up 11.4% to $15.44 billion.Read More
A Surge for Jumbo Lending in 2Q24 August 19, 2024 James Dohnert The top three five jumbo originators in 2Q24: Chase, Bank of America, U.S. Bank, UWM and Wells Fargo...Read More
Purchase-Mortgage Volume Up Slightly in First Half of 2024 August 16, 2024 Brandon Ivey Lenders pinned the underwhelming growth on elevated interest rates and a limited inventory of homes for sale.Read More
Correspondents, Brokers Gain Agency Share in 2Q August 15, 2024 Brandon Ivey Correspondent and broker loans were more heavily weighted toward purchase mortgages in the second quarter compared with the retail channel.Read More
Consumer Complaints to CFPB Increase in 2Q, Led by Credit Reporting August 15, 2024 Shannon Clark Total complaints from users of financial services increased 25.9% on a quarterly basis to a record high of 604,174 in the second quarter of 2024.Read More
Banks’ Mortgage Earnings Steady in Second Quarter August 14, 2024 John Bancroft Among 26 public commercial banks, 17 took losses on their mortgage business in the second quarter.Read More
Ginnie Volume Drives Up Agency MBS in July August 13, 2024 John Bancroft Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.Read More
GSE Loan Sales Ease in July Despite Looser Underwriting August 12, 2024 Dennis Hollier Among the top 10 GSE loan sellers in July, just one was a federally insured depository: U.S. Bank.Read More
Short Takes: Merger Talks? / A Lack of MSRs to Buy / About That Rate Cut… / Getting Better? / A New CIO for Truist August 12, 2024 Paul Muolo It was just about a year ago that mortgage fintech Better Home & Finance pulled off its initial public offering of stock...Read More
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