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Originations Increase Across Mortgage Products in Second Quarter

August 18, 2023
John Bancroft
Mortgage originations increased by 35.7% on a quarterly basis to an estimated $340 billion in the second quarter.
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Shellpoint Loses Some Share in Non-Agency MBS Servicing

August 17, 2023
James Dohnert
Shellpoint handled servicing on $3.10 billion in non-agency MBS issued in the second quarter of this year, a 33.2% decline from the previous quarter.
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PennyMac, UWM Lead on Primary MI Activity in 2Q

August 16, 2023
John Bancroft
PennyMac delivered $28.62 billion of mortgages with primary MI into agency MBS issued in the second quarter.
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Ginnie Issuance Slows in July on FHA Activity

August 15, 2023
Monica Hogan
FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.
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A Commanding NA MBS Market Share for UWM

August 14, 2023
James Dohnert
Among the top 10 contributors to such securities, just one was a federally insured depository: PrimeLending.
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After a Multi-Year Low, Ginnie Loan Removals Spike in 2Q23

August 14, 2023
Brandon Ivey
In case you didn't know, thanks to higher interest rates, the Ginnie "early buyout" game is over...
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Retail Channel Gains Share in Agency Market

August 10, 2023
Andras Malatinszky
The retail channel gained market share from brokers and correspondents in the second quarter.
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Deliveries to GSEs Slow in July

August 9, 2023
Dennis Hollier
Volume was off 10.4% in July compared with June.
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Mortgage Profits at Banks Increase in Second Quarter

August 8, 2023
John Bancroft
JPMorgan Chase led the industry with $274.0 million in mortgage fees and related income, a 22.9% boost from the first quarter.
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Agency MBS Rally Fizzles in July

August 7, 2023
John Bancroft
Among the top 10 issuers of agency MBS in July just one was a federally insured depository: U.S. Bank...
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