The increase in production was driven by interest rates, which were largely lower in 2024 than in 2023.

ABS issuance tied to business financing grew by 52.9% from 2023 to $105.33 billion.

Non-core products are areas of the market in which non-agency financing is seen as being able to compete with Fannie Mae and Freddie Mac.

FHA servicing volume increased by 2.5% on a quarterly basis, hitting $1.39 trillion at the end of the fourth quarter of 2024.

The top three originators of mortgages backing expanded-credit MBS are Acra Lending, Angel Oak and A&D Mortgage.

Chase — the largest servicer in the nation — assigned a value of 140 basis points to its third-party servicing portfolio at Dec. 31.

Deliveries to Fannie Mae and Freddie Mac of mortgages with private MI more than quadrupled from the third quarter, hitting $6.58 billion in the fourth quarter.

Nonbanks handled 60.1% of the $6.56 trillion of GSE single-family servicing as of the end of 2024.

Consumers submitted 21,173 mortgage-related complaints to the CFPB last year, the lowest number since the bureau opened its door.

Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.