Loan Sales by Banks Steady in Third Quarter January 4, 2024 Brandon Ivey JPMorgan Chase, the largest bank retail lender, sold $9.23 billion of mortgages in the third quarter, up 5.5% from the second quarter.Read More
GSE Buybacks Drop in Third Quarter January 3, 2024 John Bancroft Buybacks from the GSEs declined by 29.0% in the third quarter compared with the previous quarter.Read More
Banks Increase Holdings of MBS/ABS in Trading Accounts January 2, 2024 John Bancroft Total residential MBS holdings rose 6.3% to $384.87 billion and ABS holdings, while much smaller, were up 20.4%.Read More
Home Equity Lending Declines by 4% in Third Quarter December 22, 2023 Brandon Ivey An estimated $51.0 billion of closed-end second liens and home equity lines of credit were originated in the third quarter.Read More
Ginnie MBS Issuance Slows in November December 21, 2023 Monica Hogan Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.Read More
Mixed Trends in Jumbo Lending as Retail Production Declines December 20, 2023 James Dohnert The retail channel lost share to the correspondent and broker channels in the jumbo market in the third quarter.Read More
FHA/VA Lending Stands Out in Third Quarter December 19, 2023 Monica Hogan FHA's share of the FHA/VA market hit 61.5% in the third quarter, the highest level in at least 10 years.Read More
The Fastest Growing (Agency) MBS Issuer? Ginnie Mae December 18, 2023 John Bancroft Total agency single-family MBS climbed 0.9% during the third quarter, hitting $8.913 trillion.Read More
Banks Continue to Dominate the ARM Market December 18, 2023 James Dohnert The nation's top 10 ARM originators in 2023 are all federally insured, led by Chase, BofA and U.S. Bank...Read More
Agency Servicing Volume Tops $9.0 Trillion in Third Quarter December 15, 2023 John Bancroft Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.Read More