U.S. Bank's servicing-for-others portfolio fell to $232.3 billion at the end of September from $251.6 billion at the end of June.

The third quarter of 2023 ranked as the busiest market for MSR sales since the second quarter of last year, when $327.82 billion of MSR transfers closed.

At Sept. 30, BofA held $229.0 billion of residential first liens on its books...

Through the first nine months of the year, the top three non-agency issuers were: JPM, Invictus Capital Partners and Onslow Bay Financial.

Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.

Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.

The structured finance market produced $396.17 billion of new issuance in the third quarter, down 4.5% from the second quarter.

Buydowns are concentrated on GSE mortgages with coupons of between 5.0% and 6.5%...

The top three issuers of non-agency MBS in 3Q23: JPMorgan Chase, Onslow Bay Financial and Invictus Capital...

Unless mortgage rates begin declining, lenders and brokers alike will shed additional jobs...