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Chase Tops Servicers in Second Quarter

August 4, 2023
John Bancroft
Wells Fargo sold off servicing in the second quarter while Chase added to its portfolio.
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‘Noncore’ Share of GSE Activity Declining

August 3, 2023
James Dohnert
The core share of GSE activity increased to 81.2% in the first quarter, up from 79.4% in the previous quarter.
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ABS Issuance Increases in Second Quarter

August 2, 2023
John Bancroft
ABS issuance increased by 17.4% in the second quarter, driven by auto deals.
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Expanded-Credit MBS Issuance Down in Second Quarter

August 1, 2023
James Dohnert
Issuance declined by 22.9% on a quarterly basis in the second quarter.
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FHA and VA Delinquencies Rise in Second Quarter

July 31, 2023
Monica Hogan
The uptick was more pronounced for FHA mortgages.
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Originations Increase by 36% in Second Quarter

July 28, 2023
John Bancroft
An estimated $400 billion of mortgages were originated in the second quarter.
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Agency Delinquencies Increase in Second Quarter

July 27, 2023
Brandon Ivey
The total delinquency rate on agency MBS hit 2.60% at the end of June.
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Large GSE Servicers Gain Share in Second Quarter

July 26, 2023
Dennis Hollier
The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.
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Mortgage Complaints to CFPB Down in Second Quarter

July 25, 2023
Sam Manas
Complaints declined by nearly 30% compared with the first quarter.
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MSR Transfers by UWM, Wells, Others Bolster Sales Activity in 2Q

July 24, 2023
John Bancroft
When in doubt, sell MSRs: UWM transferred $66.1 billion of product in 2Q23...
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