The GSEs outpaced Ginnie in terms of growth in MBS issuance in the second quarter.

Primary mortgage insurance activity increased in the second quarter of 2023 after seven consecutive quarterly declines.

Lenders delivered $174.26 billion in loans into Fannie Mae and Freddie Mae mortgage-backed securities in the second quarter, a robust 37.9% sequential increase.

Fannie and Freddie issuance of single-family MBS surged 38.4% from the first quarter of 2023 to $172.31 billion...

Since early 2022, lenders of all stripes have been laying off workers to right-size their operations for leaner times.

The correspondent channel captured 49.1% of originations in the first quarter, up from a 47.3% share in the previous quarter.

The denial rate on applications for jumbo mortgages was 11.9% in 2022.

First Republic Bank — now the property of JPMorgan Chase — was the top originator of ARMs in 1Q23...

In M&A news, Ellington Financial has agreed to buy Great Ajax in all-stock deal.

The volume of new home equity line of credit commitments and closed-end second liens originated in the first quarter of 2023 declined by 19.0% compared with the previous quarter.