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First-Lien Holdings by Banks Head North

April 4, 2019
Brandon Ivey
New residential loans going into bank portfolios include mostly non-agency mortgages, with some exceptions…
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Jumbo Correspondent Channel Gains Market Share

April 3, 2019
Brandon Ivey
Strategies for jumbo originations vary among the top three producers, all of which are megabanks...
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Mortgage Applications Spike by Almost 19%, UWM Coming Off Record Quarter

April 3, 2019
Paul Muolo
“Refinance borrowers with larger loan balances continue to benefit, as we saw another sizeable increase in the average refinance loan size to $438,900 – a new survey record,” said MBA’s Joel Kan…
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The (State-Licensed) Nonbank Origination Share for 2018: 54.8%

April 2, 2019
John Bancroft
Depositories accounted for 24.6% of last year’s production, down from 25.4% in 2017.
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Loan Brokers Making Inroads in FHA/VA Lending

April 1, 2019
John Bancroft
The broker share of the market increased to 13.2% for all of last year…
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Nonbanks Conquer Larger Share of New Agency MBS

March 29, 2019
John Bancroft
Nonbanks reached a milestone in 2018: They became the dominant source of new issuance of Fannie/Freddie MBS…
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GSE Share of High DTI Mortgages Nearly Doubled from 2015 to 2018

March 28, 2019
John Bancroft
The FHA and VA loan programs also get special treatment under the ability-to-repay rule…
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Concerns About Profit Margins Ease, Somewhat

March 28, 2019
Brandon Ivey
Some 20% of lenders surveyed expect profit margins to increase in 2Q19, up from an 11% share the previous quarter…
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Subservicing Continues to Grow but Landscape is Shifting

March 27, 2019
Paul Muolo
Thanks to its bankruptcy filing, Ditech’s future as a subservicer is in doubt…
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Bank Mortgage Repurchase Volume Falls to Record Low

March 27, 2019
John Bancroft
Bank of America reported $1.04 billion in mortgage repurchases last year, or 45.3% of the industry’s total.
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