Among the top 20 Ginnie issuers in November there were just two federally insured depositories: U.S. Bank and Navy Federal.

Loan brokers added 100 full-timers during October, bringing their head count to 86,700 positions.

Among the top five subservicers, the steepest descent in year-over-year business was registered at Dovenmuehle.

The retail channel accounted for 50.8% of total first-lien originations in the third quarter of 2024, down from a 53.3% share in the second quarter.

Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.

JPMorgan Chase, the system’s biggest member, reduced its FHLBank advances by 20.3% over the past year.

In the third quarter, conforming jumbos accounted for 5.4% of total agency business.

The good news: All the firms reported positive income from production, although a few earned less than they had in 2Q24.

The largest bank holder of agency MBS at Sept. 30? That would be Bank of America at $422.1 billion.

BTIG issued a report this week, noting that short sellers in United Wholesale Mortgage are “taking cover” on the stock.