Retail lending accounted for 85.9% of jumbo originations in the first half of 2023, among a group of prominent lenders surveyed by Inside Nonconforming Markets.

In the second quarter, money-market and mutual funds upped their holdings of MBS by 10.9% to an estimated $814.18 billion.

Ginnie Mae continued to set the pace in the agency single-family servicing market as its outstanding MBS rose 2.1% to $2.270 trillion.

Mortgage buybacks at banks increased slightly on a quarterly basis in the second quarter, though repurchase volume was down 30.4% on an annual basis in the first half of the year.

GSE MBS issuance declined by 6.2% on a monthly basis in August.

United Wholesale Mortgage, the dominant conventional-conforming player in the broker channel, increased its production by 32.9% from the first to the second quarter.

Sweeping M&A activity was expected in the subservicing sector...

An estimated $50 billion of jumbo mortgages were originated in the second quarter.

Select Portfolio Servicing was far and away the largest servicer of nonprime mortgages in the second quarter.

ARMs accounted for 13.8% of first-lien originations in the second quarter.