Lighter Pay Packages in Mortgage C-Suites June 26, 2023 Paul Muolo The top earner among the 10 public origination/servicing shops was Frank Martell, CEO of loanDepot...Read More
Banks Lose More Market Share in First Quarter June 23, 2023 John Bancroft The nonbank share of mortgage originations is moving closer to where it was during the pandemic refi boom.Read More
Correspondent Share of Jumbo Lending Declines June 22, 2023 James Dohnert The retail channel gained market share in the jumbo sector as Wells retreated from correspondent lending.Read More
FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
Wells Holds On to Top Servicer Spot June 16, 2023 John Bancroft Wells Fargo could be dethroned as the largest mortgage servicer shortly.Read More
Banks’ Mortgage-Banking Income Increases June 15, 2023 Brandon Ivey Mortgage-banking income at banks and thrifts increased by 35.7% in the first quarter of 2023 compared with the previous quarter.Read More
GSE MBS Issuance Increases in May June 14, 2023 Dennis Hollier Among the top 100 GSE lenders in May, most saw a significant sequential increase in production.Read More
MSR Marks Drag Down Mortgage-Banking Income June 13, 2023 John Bancroft Operating income from servicing is stable; fluctuations in MSR valuations account for most of the ups and downs in the sector.Read More
Agency MBS Issuance Begins to Find Its Legs June 12, 2023 John Bancroft All three agencies saw rising business in May...Read More
Jumbo Sector Takes a Hit in First Quarter June 9, 2023 John Bancroft Jumbo lending held up relatively well in 2022 as interest rates increased. That trend ended in the first quarter of 2023.Read More
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