The volume of new home equity line of credit commitments and closed-end second liens originated in the first quarter of 2023 declined by 19.0% compared with the previous quarter.

Wells originated $5.08 billion of conventional-conforming loans through the correspondent channel in the fourth quarter. In the first quarter, the bank’s production in the channel was down to only $500 million.

Some 66.5% of GSE repurchases in the first quarter involved loans securitized in 2022.

As originations decline, the securitization rate shrinks.

JPMorgan led the pack with $75.3 billion of agency MBS held in its trading account at March 31...

The top earner among the 10 public origination/servicing shops was Frank Martell, CEO of loanDepot...

The nonbank share of mortgage originations is moving closer to where it was during the pandemic refi boom.

The retail channel gained market share in the jumbo sector as Wells retreated from correspondent lending.

Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.

Wells Fargo could be dethroned as the largest mortgage servicer shortly.